Generated by All in One SEO v4.9.3, this is an llms.txt file, used by LLMs to index the site. # Heritage Consulting Group | Historic Tax A National Leader in Historic Tax Credit & Real Estate Redevelopment Consulting ## Sitemaps - [XML Sitemap](https://heritage-consulting.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [News](https://heritage-consulting.com/news/) - [Singing a New Tune: Bringing the Historic Gunter Hotel into the 21st Century](https://heritage-consulting.com/singing-a-new-tune-bringing-the-historic-gunter-hotel-into-the-21st-century/) - What does it take to bring a century-old grand hotel back to life? In the latest edition of Novogradac's Historic Tax Credit Tool Box, Heritage Consulting Group President Cindy Hamilton explores the remarkable rehabilitation of San Antonio’s historic Gunter Hotel. Supported by federal and state historic tax credits, the $57 million project transformed the iconic - [The Latest: June 2026](https://heritage-consulting.com/the-latest-june-2026/) - Company-Wide Meeting in MKE, San Antonio Icon Restored, and more - [Twenty-Five Floors of Grandeur: Reviving a Milwaukee Landmark Hotel](https://heritage-consulting.com/twenty-five-floors-of-grandeur-reviving-a-milwaukee-landmark-hotel/) - From roaring twenties glamour to a carefully orchestrated modern revival, Cindy Hamilton’s latest Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits explores the remarkable rehabilitation of Milwaukee’s iconic Hotel Schroeder—now the Hilton Milwaukee City Center. The piece dives into how a nearly century-old Art Deco landmark was thoughtfully refreshed using HTCs, balancing - [The Latest: May 2026](https://heritage-consulting.com/the-latest-may-2026/) - Cincinnati's PNC Tower Reimagined, Art Deco in Milwaukee, and more - [Double the Impact: Twinning Federal HTC and LIHTC Across Three Distinct CMHA Properties](https://heritage-consulting.com/double-the-impact-twinning-federal-htc-and-lihtc-across-three-distinct-cmha-properties/) - What do a 19th-century apartment building, a 1920s high-rise, and a 600+ unit public housing campus have in common? A financing strategy that made all three possible. In this month's Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, President Cindy Hamilton takes a closer look at how twinning Historic Tax Credits - [The Latest: April 2026](https://heritage-consulting.com/the-latest-april-2026/) - Welcoming Lisa Wogan, incentive stacking, and more - [Unlocking Historic Tax Credits for Distinctive Commercial Landmarks](https://heritage-consulting.com/unlocking-historic-tax-credits-for-distinctive-commercial-landmarks/) - In the March 2026 Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton discusses how the iconic Mai-Kai restaurant, a Polynesian-themed restaurant near Fort Lauderdale that opened in 1956, was brought back to life after a nearly $20 million rehabilitation supported in part by historic tax credit (HTC) equity. The - [The Latest: March 2026](https://heritage-consulting.com/the-latest-march-2026/) - HTCs for Unique Landmarks, St. Anthony Hospital's Legacy of Care, and more - [A Look at the Year Ahead: Navigating Opportunity and Uncertainty in HTC Legislation and Historic Preservation Policy](https://heritage-consulting.com/a-look-at-the-year-ahead-navigating-opportunity-and-uncertainty-in-htc-legislation-and-historic-preservation-policy/) - In the February 2026 Historic Tax Credit Tool Box article of the Novogradac Journal of Tax Credits, Cindy Hamilton takes a practical look at what’s ahead for the Historic Tax Credit (HTC) world in 2026. While Congress hasn’t yet rallied around a tax package or moved the HTC Growth and Opportunity Act forward, there’s still steady - [The Latest: February 2026](https://heritage-consulting.com/the-latest-february-2026/) - HTCs in 2026, Gunter Hotel Glistens, and more - [Exploring 'State-Only' Historic Tax Credit Strategies](https://heritage-consulting.com/exploring-state-only-historic-tax-credit-strategies/) - In this month's Novogradac Journal of Tax Credits, Heritage President Cindy Hamilton discusses how several states have made state HTCs available to nonprofit organizations. These credits can be paired with the federal HTC or used independently. These "state-only-credits" can provide a transformative financing solution for nonprofit property owners, such as Grace Episcopal Church in Madison, WI - [The Latest: January 2026](https://heritage-consulting.com/the-latest-january-2026/) - 2025 Recap, Mai-Kai's Revival, and more - [The Latest: November 2025](https://heritage-consulting.com/the-latest-november-2025/) - Lessons from Tulsa HTCs, New Heights in Troy, and more - [Lessons from Tulsa's HTC Success](https://heritage-consulting.com/lessons-from-tulsas-htc-success/) - In this month's Novogradac Journal of Tax Credits, Heritage President Cindy Hamilton highlights Tulsa's early success with state historic tax credits. The article explains how the city leveraged Oklahoma’s state and federal historic tax credits (HTCs) to spark large-scale downtown revitalization. Following a comprehensive survey that identified hundreds of eligible historic buildings, developers utilized the state’s - [Green is Good: How Scenic Hudson is Using HTCs to Create a Sustainable Landmark](https://heritage-consulting.com/green-is-good-how-scenic-hudson-is-using-htcs-to-create-a-sustainable-landmark/) - In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Heritage President Cindy Hamilton discusses the rehabilitation of the historic Standard Gage factory in Poughkeepsie, New York. Now called the Northside Hub, this redevelopment features carbon-neutral offices and community spaces for events and educational programs. By leveraging both federal and state HTCs, - [The Latest: October 2025](https://heritage-consulting.com/the-latest-october-2025/) - Sustainability + HTCs in the Hudson River Valley, Luxury Living in Birmingham, and more - [The Latest: September 2025](https://heritage-consulting.com/the-latest-september-2025/) - Repeat Developers, Workforce Housing in Wichita, and more - [Coming Back for More: How Repeat Developers Multiply the Success of the Historic Tax Credit](https://heritage-consulting.com/coming-back-for-more-how-repeat-developers-multiply-the-success-of-the-historic-tax-credit/) - In this month’s Historic Tax Credit (HTC) Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton describes how repeat developers like The Alexander Company are essential to the success of the Historic Tax Credit (HTC) program, using their expertise to tackle increasingly complex historic building redevelopment projects. With decades of experience, the Alexander Company exemplifies how - [The Latest: August 2025](https://heritage-consulting.com/the-latest-august-2025/) - Rehabbing and Rehab, Sparkling Sinclair Building in Tulsa, and more - [Rehabbing a Rehab: How Development Teams Can Use HTCs for a Second Round of Transformation](https://heritage-consulting.com/rehabbing-a-rehab-how-development-teams-can-use-htcs-for-a-second-round-of-transformation/) - In this month’s Historic Tax Credit (HTC) Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton uses a recent Heritage project, City Hall Lofts, to highlight how HTCs can be used on buildings that used HTCs in the recent past. A former city hall and fire headquarters, the building was converted to a multifamily residence - [Developing Companies and Communities: The Story of Kalel Companies' Early Success](https://heritage-consulting.com/developing-companies-and-communities-the-story-of-kalel-companies-early-success/) - In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton shares the inspiring story of Kalel Companies. What started as a one-person development shop focusing on the preservation and creation of affordable housing in the New York City area has quickly grown to a team of eight with a portfolio - [The Latest: July 2025](https://heritage-consulting.com/the-latest-july-2025/) - Visionary Affordable Housing Development in NYC, Underground Railroad NHL Designation, and more - [The Sky's the Limit: Case Studies in the Pitfalls and Potential of State Historic Tax Credits](https://heritage-consulting.com/the-skys-the-limit-case-studies-in-the-pitfalls-and-potential-of-state-historic-tax-credits/) - In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton examines the limitations and potential of state historic tax credit (HTC) programs, focusing on Pennsylvania. Using a Wilkes-Barre building rehab as a case study, she illustrates how restrictive project and program caps limit the state HTC’s impact, despite high overall - [Lessons Learned at the Edison School Apartments](https://heritage-consulting.com/lessons-learned-at-the-edison-school-apartments/) - In this month's Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton discusses the rehabilitation of North Milwaukee High School into the vibrant Edison Apartments. Spearheaded by Gorman & Company alongside dedicated partners such as Heritage, Cupid Development, WHEDA, and the State Historic Preservation Office, this ambitious $25.5 million initiative has - [Capitalizing on HTCs for Smaller Developments](https://heritage-consulting.com/capitalizing-on-htcs-for-smaller-developments/) - In this month's Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton discusses Magnolia Point in Birmingham, Alabama, a thoughtful redevelopment in the city's Southside neighborhood. Capstone Real Estate Investments, with a keen eye for adaptive reuse, has successfully revitalized this historic building with an investment of $5.4 million—a figure that, while - [The Latest: June 2025](https://heritage-consulting.com/the-latest-june-2025/) - [The Latest: May 2025](https://heritage-consulting.com/the-latest-may-2025/) - HTC-Go Update, City Hall Lofts in Kansas City , and more - [HTC-GO Act in Congress](https://heritage-consulting.com/htc-go-act-in-congress/) - [The Latest: April 2025](https://heritage-consulting.com/the-latest-april-2025/) - [The Latest: March 2025](https://heritage-consulting.com/the-latest-march-2025/) - Heritage Projects Show Star Power, Hotel Grim in Texarkana, and more - [Unchartered Waters: How a Development Team is Finding Creative Ways to Transform the Charleston Navy Yard](https://heritage-consulting.com/unchartered-waters-how-a-development-team-is-finding-creative-ways-to-transform-the-charleston-navy-yard/) - In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Heritage President Cindy Hamilton discusses the rehabilitation of nearly a dozen buildings in a former naval complex in Charleston, South Carolina. This facility played a crucial role in national defense and military development through the 20th century. Click below to read - [Heritage Projects Show Star Power](https://heritage-consulting.com/heritage-projects-show-star-power/) - Decades after the company’s scientists invented synchronized-sound motion picture technology, Bell Laboratories constructed a massive new headquarters in Holmdel, New Jersey, to support its ongoing research and development in the field of telecommunications. Significant advancements in twentieth century science were made in this building including innovative work related to radio astronomy, the transistor, lasers, and - [The Latest: February 2025](https://heritage-consulting.com/the-latest-february-2025/) - HTC Leadership Across the Country, a Bronx Superblock, and more - [HTC Advocacy: Your Voice Matters During Tax Legislation](https://heritage-consulting.com/htc-advocacy-your-voice-matters-during-tax-legislation/) - In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, we discuss how the Historic Tax Credit Coalition is encouraging historic preservation advocates to join its efforts by reaching out to members of Congress asking them to support long-overdue improvements to the HTC. - [The Latest: January 2025](https://heritage-consulting.com/the-latest-january-2025/) - #RehabtheHTC, Louisiana Credit is Saved, and more - [The Latest: November 2024](https://heritage-consulting.com/the-latest-november-2024/) - Postmodern Architecture nearing designation, Navy Yard Revival in Charleston, and more - [Strong Advocacy Saves the Louisiana Historic Tax Credit](https://heritage-consulting.com/strong-advocacy-saves-the-louisiana-historic-tax-credit/) - In this month's Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, we discuss the recent threat to the Louisiana state historic tax credit (HTC) and the advocacy efforts led by industry stakeholders in the Louisiana Historic Tax Credit Coalition. Thanks to their tireless work, the Louisiana HTC has been saved. - [Looking Ahead to 2025: An Interview with Patrick Robertson of the Historic Tax Credit Coalition](https://heritage-consulting.com/looking-ahead-to-2025-an-interview-with-patrick-robertson-of-the-historic-tax-credit-coalition/) - In this month's Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, Cindy Hamilton interviews Patrick Robertson about advocacy efforts to improve the historic tax credit in 2025. - [How Developer Sudha Tokala Pivoted to Real Estate Development and is Transforming Wichita's Historic Core](https://heritage-consulting.com/how-developer-sudha-tokala-pivoted-to-real-estate-development-and-is-transforming-wichitas-historic-core/) - This month’s Novogradac Journal of Tax Credits Tool Box article celebrates Sudha Tokala, a pharmaceutical scientist who pivoted to real estate development and is bringing a brand-new medical college and culinary institute to downtown Wichita. With the help of HTCs, Tokala is rehabilitating numerous historic buildings, including former department stores, a lodge, and office buildings - [The Latest: October 2024](https://heritage-consulting.com/the-latest-october-2024/) - Richard H. Driehaus Award, A Conversation with Darin LaHood, and more. - [Raising Awareness: Thoughts from Rep. Darin LaHood, a Champion of the HTC](https://heritage-consulting.com/raising-awareness-thoughts-from-rep-darin-lahood-a-champion-of-the-htc/) - This month’s Novogradac Journal of Tax Credits Tool Box features an exclusive interview with HTC champion Illinois Rep. Darin LaHood, about his support of the HTC, the coming tax debate and how advocates can work to ensure the credit is improved. A lifelong preservationist, Rep. LaHood has worked as a lead sponsor of the Historic Tax Credit - [The Latest: September 2024](https://heritage-consulting.com/the-latest-2/) - Safeguarding a Galveston Apartment Complex, Affordable Housing in Denver, and more - [Safeguarding Sandpiper Cove: How a New Floodwall Seeks to Protect a Historic Affordable Housing Complex](https://heritage-consulting.com/safeguarding-sandpiper-cove-how-a-new-floodwall-seeks-to-protect-a-historic-affordable-housing-complex/) - This month’s Novogradac Journal of Tax Credits Tool Box article discusses a recently-completed Historic Tax Credit (HTC) project in Galveston, Texas. Sandpiper Cove, a historic affordable housing complex on the northern edge of the city, had no protection from rising waters from the nearby Galveston Channel during 2008's Hurricane Ike. After acquiring the property, ITEX Group embarked - [The Latest: August 2024](https://heritage-consulting.com/the-latest-august-2024/) - Baltimore Pumphouse, Art Deco Apartments in Tulsa, and more - [Carrying the Water for a Community: How China Boak Terrell is Leading the Transformation of the Baltimore Pumphouse](https://heritage-consulting.com/carrying-the-water-for-a-community-how-china-boak-terrell-is-leading-the-transformation-of-the-baltimore-pumphouse/) - This month’s Novogradac Journal of Tax Credits Tool Box article tells the inspiring story of China Boak Terrell, a former corporate attorney who pivoted to nonprofit economic development in Baltimore. Now the CEO of American Communities Trust (ACT), Terrell is leading the charge to rehabilitate the Baltimore Pumphouse complex into a center for commercial and community activity. - [The Latest: July 2024](https://heritage-consulting.com/the-latest/) - Heritage Consulting Group is pleased to announce the acquisition of Rosin Preservation, a premier historic preservation consulting firm based in Kansas City. - [The Latest: June 2024](https://heritage-consulting.com/the-latest-june-2024/) - In this month's issue: New Life for Vacant Office Buildings; Affordable Housing in Galveston, and more - [An Analytical Approach to Reusing Vacant Office Buildings](https://heritage-consulting.com/an-analytical-approach-to-reusing-vacant-office-buildings/) - In this month’s Historic Tax Credit Tool Box article in the Novogradac Journal of Tax Credits, we highlight a common conundrum in today’s real estate market: What to do with underutilized office buildings. In the wake of the COVID-19 pandemic, which drastically increased the rates of remote work, former office buildings are candidates for new uses. - [Rest Assured: Capturing HTCs on a Delayed Timeline](https://heritage-consulting.com/rest-assured-capturing-htcs-on-a-delayed-timeline/) - In this month’s Novogradac Journal of Tax Credits Tool Box article, we discuss the historic Rest Haven retreat house, which was built around 1903 as a place of retreat and respite for the blind and visually impaired, with ties to nationally renowned advocate Helen Keller. Rest Haven was a prime candidate for historic tax credits - [The Latest: April 2024](https://heritage-consulting.com/the-latest-april-2024/) - In this month's issue: New Formalist High Rise in the Midwest, Historic Hotel in Michigan, Proposed PA State Credit Increase, Preservationists Gather in Texas - [The Latest: May 2024](https://heritage-consulting.com/the-latest-may-2024/) - In this month's issue: A Handsome Retreat in the Hudson River Valley, Augusta, Maine's Downtown Revival, and expansion in our South Office - [High in the Sky: Great Bend's High Rise Apartments Ready to Serve Another 50 Years](https://heritage-consulting.com/high-in-the-sky-great-bends-high-rise-apartments-ready-to-serve-another-50-years/) - Most historic tax credit (HTC) projects involve overcoming one or two challenges, but a special few require surmounting higher hurdles. The High Rise Apartments in Great Bend, Kansas is a recently completed HTC+LIHTC project by Shreveport-based Housing Solutions Alliance, LLC (HSA) that is a testament to how navigating the challenges of the HTC process can - [The Latest: March 2024](https://heritage-consulting.com/the-latest-march-2024/) - In this month's issue: Detroit Apartment Rehabs, Due Diligence Services, NPS Consultant Webinars, Supporting Illinois Preservation - [Resiliency in Detroit's Jefferson Chalmers Neighborhood](https://heritage-consulting.com/resiliency-in-detroits-jefferson-chalmers-neighborhood/) - Historic tax credits provide significant benefits to projects but come with challenges. Architectural review, increased costs, and scheduling delays can often impact a development. One particular HTC project in Detroit was put to the ultimate test as it pushed toward completion in late 2023. - [The Human Side of HTCs](https://heritage-consulting.com/the-human-side-of-htcs/) - This month’s Novogradac Journal of Tax Credits Tool Box article emphasizes how putting residents at the center of rehabilitations like that of Parkside Neighborhood Preservation in Philadelphia is paramount to the success of the project itself. - [The Latest: January 2024](https://heritage-consulting.com/the-latest-january-2024/) - In this month's issue of the Latest: State HTC Look Ahead, Legacy of Senior Housing in Milwaukee, Rehabbing Affordable and Public Housing - [Legislative Progress on State HTCs Highlights Ongoing Value of Incentive](https://heritage-consulting.com/legislative-progress-on-state-htcs-highlights-ongoing-value-of-incentive/) - Among the most commonly used and perhaps the most important tool in the historic tax credit (HTC) toolbox is the ability to twin the 20% federal credit with the various state HTCs. In most states, this additional incentive can provide on average 20%-25% of state HTCs that can be used in tandem with the federal - [Historic Tax Credit Industry Updates](https://heritage-consulting.com/historic-tax-credit-industry-updates/) - In this month's article, we sit down with Patrick Robertson of Confluence Government Relations to discuss the status of the Historic Tax Credit Growth and Opportunity Act (HTC-GO) at the end of 2023. - [The Latest: November 2023](https://heritage-consulting.com/the-latest-november-2023/) - In this issue of our monthly eBlast: Laying the Groundwork for HTCs, Celebrating Historic Iowa Hotel, New Team Member - [Case Study: Landmark Place in Kingston, NY](https://heritage-consulting.com/case-study-landmark-place-in-kingston-ny/) - An article from Tax Credit Advisors about Heritage's project Landmark Place. Heritage worked with developer RUPCO to secure historic tax credit approvals to rehabilitate the historic Italianate building into affordable housing with supportive services for seniors. - [Laying the Groundwork for HTCs](https://heritage-consulting.com/laying-the-groundwork-for-htcs/) - Using the rehabilitation of of Carolyn Mosby Senior High Rise, also known as Mosby Tower, a public housing building in Gary, Indiana, as an example, this month’s Novogradac Journal of Tax Credits Tool Box article outlines the advanced preparation that is often required for HTC projects involving public housing. - [The Latest: October 2023](https://heritage-consulting.com/the-latest-october-2023/) - In this issue of our monthly eBlast: Twinning Incentives, Chicago Bank is Listed, 2023 HTC Conference, New Heritage Logo - [Philadelphia's 4601 Market Development: An HTC/NMTC Success](https://heritage-consulting.com/philadelphias-4601-market-development-an-htc-nmtc-success/) - This month’s Novogradac Journal of Tax Credits Tool Box article examines how the rehabilitation of the former Provident Mutual Insurance Company Building overcame financial hurdles by pairing historic tax credits (HTCs) and new market tax credits (NMTCs). - [The Latest: September 2023](https://heritage-consulting.com/the-latest-september-2023/) - In this issue: Conversations with NPS, Gothic Revival Community Hub, Back to School Rehabs, Consultant Training - [NPS Historic Tax Credit Update](https://heritage-consulting.com/nps-historic-tax-credit-update/) - The HTC program has continued to prove that it is one of the most effective tools for economic development. This month, we spoke with Brian Goeken, chief of the Technical Preservation Services, to discuss the current state of the program and its outlook for the future. - [The Latest: August 2023](https://heritage-consulting.com/the-latest-august-2023/) - In this month's news blast: Life after Part 3, Prestigious Portland DeMuro Award Winner, Culinary Arts for a former KS Department Store, Welcome Haley Wilcox - [After the Part 3: Continuing HTC Obligations](https://heritage-consulting.com/after-the-part-3-continuing-htc-obligations/) - This month’s Novogradac Journal of Tax Credits Tool Box article explores the nuances of addressing tenant fit-out while meeting the NPS’s requirements. - [The Latest: July 2023](https://heritage-consulting.com/the-latest-july-2023/) - Developer's First HTC Project, Newark Apartment Rehab, State HTC Update, Welcome Nika Faulkner - [Elizabeth Property Group: Rising Stars in HTCs](https://heritage-consulting.com/elizabeth-property-group-rising-stars-in-htcs/) - Elizabeth Property Group is currently making their way through their first historic rehabilitation project and sharing lessons learned about the HTC process. - [The Latest: June 2023](https://heritage-consulting.com/the-latest-june-2023/) - Heritage Hits the Hill, Hat-trick of Awards, Welcoming Scott Doyle - [Legislative Update: Patrick Robertson and the HTC-GO Act](https://heritage-consulting.com/legislative-update-patrick-robertson-and-the-htc-go-act/) - In continuation of our interviews with Patrick Robertson, we sat down again to discuss the new Congress and the current status of the Historic Tax Credit Growth and Opportunity (HTC-GO) Act. - [The Latest: May 2023](https://heritage-consulting.com/the-latest-may-2023/) - In this issue of the Latest: Scattered Site Opportunities, Rehabilitation of a West Philadelphia Icon, How Incentives Can Save Endangered Places, Honoring Preservation Month - [Utilizing HTCs on Multiple Historically Unrelated Buildings](https://heritage-consulting.com/utilizing-htcs-on-multiple-historically-unrelated-buildings/) - Former single-family residences and small apartment buildings can be challenging to rehabilitated with historic tax credits, but some developers have found success grouping smaller-scale buildings into a scattered portfolio. - [The Latest: Opportunity Zones and HTCs, Indian Motorcycle Rehab, KY State Credit Expansion](https://heritage-consulting.com/the-latest-opportunity-zones-and-htcs-indian-motorcycle-rehab-ky-state-credit-expansion/) - [The Latest: Navigating Window Replacement](https://heritage-consulting.com/the-latest-navigating-window-replacement/) - [The Challenges of Opportunity Zones](https://heritage-consulting.com/the-challenges-of-opportunity-zones/) - Opportunity Zones (OZs) were introduced in 2017 in an effort to spur economic development and job creation in low-income communities. In each OZ, no matter if they are in a city or small town, historic buildings present opportunities for developers to find investors looking to move their capital gains into a qualified Opportunity Zone Fund. - [Window Replacement in HTC Projects](https://heritage-consulting.com/window-replacement-in-htc-projects/) - Window replacement is seen as one of the more important and challenging components of the review process in historic tax credit projects. As one of the most visually identifiable features of any building, windows play a integral role in the building’s overall design and functionality. - [The Latest: Historic Tax Credits in the Rural U.S.](https://heritage-consulting.com/the-latest-historic-tax-credits-in-the-rural-u-s/) - Our monthly communication covering important industry topics with and for our partners. - [The Latest: The Impact of RAD on Public Housing and Midwest Spotlight](https://heritage-consulting.com/the-latest-the-impact-of-rad-on-public-housing-and-midwest-spotlight/) - [The Latest: 2022 in Review](https://heritage-consulting.com/the-latest-2022-in-review/) - [The Latest: Combining Preservation Efforts and Sustainability](https://heritage-consulting.com/the-latest-combining-preservation-efforts-and-sustainability/) - [The Latest: Reinventing Abandoned Factories](https://heritage-consulting.com/the-latest-reinventing-abandoned-factories/) - [The Latest: Importance of State HTCs, Steel City Opening, Legendary Hotel Rehab, Cheers from Heritage](https://heritage-consulting.com/the-latest-importance-of-state-htcs-steel-city-opening-legendary-hotel-rehab-cheers-from-heritage/) - [HTCs and LIHTCs in Rural America](https://heritage-consulting.com/htcs-and-lihtcs-in-rural-america/) - To meet the demand for affordable housing across the country, communities, private developers, and public housing authorities use financial incentives such as low-income housing tax credits (LIHTCs). In particular, developers are successfully twinning historic tax credits with LIHTCs in rural areas. - [HTCs and RAD: Ten Years of Positive Impacts](https://heritage-consulting.com/htcs-and-rad-ten-years-of-positive-impacts/) - Ten years ago, Congress established the Rental Assistance Demonstration (RAD) program, which has become an invaluable tool in the affordable housing industry. Among the available additional funding sources are historic tax credits, and numerous examples of RAD conversions using HTCs have been completed. - [Legislative Future of HTC-GO Act](https://heritage-consulting.com/legislative-future-of-htc-go-act/) - Legislative lobby efforts for historic tax credits reached new heights in 2022, but progress still needs to be made once the 118th Congress convenes in January. - [Integrating Renewable Energy into Historic Tax Credit Projects](https://heritage-consulting.com/integrating-renewable-energy-into-historic-tax-credit-projects/) - With the passing of the Inflation Reduction Act, there is increased focus nationwide on renewable energy initiatives. At times, these efforts overlap with another effort in our battle against climate change -- historic preservation. - [Rehabbing Horlick Malted Milk: Stakeholder Perspectives](https://heritage-consulting.com/rehabbing-horlick-malted-milk-stakeholder-perspectives/) - Like many other mill and factory complexes, the Horlick site consists of multiple buildings, and each was integral to the manufacturing process. Therefore, the project falls under the National Park Service’s functionally related guidance, and stakeholders must navigate various construction, financing, and investment schedules. - [The Importance of State Historic Tax Credits](https://heritage-consulting.com/the-importance-of-state-historic-tax-credits/) - Thirty-seven states currently feature a state HTC program. State HTC programs serve as an excellent complement to the federal program and provide developers with the added financial benefit often necessary to rehabilitate historic buildings. - [The Expanding Role of the HTC Consultant](https://heritage-consulting.com/the-expanding-role-of-the-htc-consultant/) - The historic tax credit (HTC) incentive has significantly evolved over the past four decades. During that time, the HTC has grown to become one of the most effective tools for historic preservation and economic revitalization. - [CrossCountry Mortgage Nears Completion of New Cleveland Headquarters Campus](https://heritage-consulting.com/crosscountry-mortgage-nears-completion-of-new-cleveland-headquarters-campus/) - [Advice for Emerging HTC Developers](https://heritage-consulting.com/advice-for-emerging-htc-developers/) - Over the course of a nearly 40-year career in the industry, Gordon Pulsifer, president and CEO of First Resource Companies, has completed more than 100 historic tax credit (HTC) developments, and won numerous awards in both preservation and low-income housing communities. - [Navigating Functionally Related Properties: Baltimore's Eastern High Pumping Station](https://heritage-consulting.com/navigating-functionally-related-properties-baltimores-eastern-high-pumping-station/) - For many residents of Baltimore's Broadway East neighborhood, the decaying buildings of the former Eastern High Pumping Station have been a daily reminder of disinvestment within their working-class neighborhood. - [Q&A: Help from Cindy Hamilton on Part 2 and Part 3 Delays](https://heritage-consulting.com/qa-help-from-cindy-hamilton-on-part-2-and-part-3-delays/) - One of the key elements in successfully rehabilitating a property and receiving federal historic tax credits (HTCs) is obtaining Part 2 and Part 3 approval from National Park Services (NPS) or state historic preservation offices (SHPO). Read some tips on how to avoid delays here. - [The Intersection of Workforce Housing and Historic Tax Credits](https://heritage-consulting.com/the-intersection-of-workforce-housing-and-historic-tax-credits/) - Constructing Workforce Housing utilizing HTCs provides developers the opportunity to close the financing gap while maintaining rent requirements. Read more here. - [Rehabilitating Iconic Main Street Buildings as a Catalyst for Community Revitalization: The Ohringer Building](https://heritage-consulting.com/rehabilitating-iconic-main-street-buildings-as-a-catalyst-for-community-revitalization-the-ohringer-building/) - This past summer, the rehabilitation of the Ohringer Building in the small Pennsylvania town of Braddock was finished, culminating from decades of work by local advocates, politicians and developers to restore what the project's developer Gregg Kander referred to as "Braddock's Empire State Building." - [Implementing Green Building Practices with Historic Preservation Requires Complicated Balance](https://heritage-consulting.com/implementing-green-building-practices-with-historic-preservation-requires-complicated-balance/) - An enduring challenge with historic tax credit- (HTC)financed properties is a high-wire act of balancing green building practices with opportunities to restore, preserve, reconstruct and rehabilitate existing structures. Read more about it here. - [The Arrott Building: An HTC/NMTC Case Study in the COVID-19 World](https://heritage-consulting.com/the-arrott-building-an-htc-nmtc-case-study-in-the-covid-19-world/) - HTCs and NMTC serve as excellent complements to one another, seeking to accomplish shared goals and providing flexibility in funding to developers that pair them. Read the full article here. - [Historic Buildings in the Face of Climate Change and Natural Disasters](https://heritage-consulting.com/historic-buildings-in-the-face-of-climate-change-and-natural-disasters/) - The effects of Hurricane Ida are still felt months later. Damaged caused by the flooding, heavy wind and rain, and tornadoes remains visible. Read about these damages affected historic buildings and the threat posed to historic buildings due to climate change. - [Checking Back in With Patrick Robertson on the New Congress, President and the HTC](https://heritage-consulting.com/checking-back-in-with-patrick-robertson-on-the-new-congress-president-and-the-htc/) - Last November, we conducted the first in an interview series with Patrick Robertson of Confluence Government Relations, who leads the Historic Tax Credit Coalition (HTCC) government relations effort. - [What 'Historic' Means to Public Housing](https://heritage-consulting.com/what-historic-means-to-public-housing/) - An unlikely pair: read this article about how the redevelopment of public housing provides opportunities for historic incentives. - [The Rehabilitation of Main Street USA: The Potential Impact of HTC-GO on Main Street Communities](https://heritage-consulting.com/the-rehabilitation-of-main-street-usa-the-potential-impact-of-htc-go-on-main-street-communities/) - Main Street is a major component of commercial life in America. The new legislation encourages the rehabilitation of these buildings to revitalize our Main Streets and add new chapters to their stories. - [Setting the Stage for a Timely Historic Tax Credit Review](https://heritage-consulting.com/setting-the-stage-for-a-timely-historic-tax-credit-review/) - Timing is everything. In real estate development, this phrase can be attributed to any number of moving parts that encompass each individual development. This saying holds even more weight for real estate development projects using historic tax credits (HTCs). Read more here. - [HTC Toolbox: The Phase Advisory Option and the Rehabilitation of Bell Laboratories](https://heritage-consulting.com/htc-toolbox-the-phase-advisory-option-and-the-rehabilitation-of-bell-laboratories/) - In early 2021, the finishing touches were put on the rehabilitated Bell Laboratories building in Holmdel, New Jersey. Completed using historic tax credit (HTC) equity, the project, which focused on adapting the former research and development facility into a mixed-use complex, took approximately seven years to complete and encompassed the entirety of the nearly 2-million-square-foot - [Historic Tax Credits - A 40-Year Reflection](https://heritage-consulting.com/historic-tax-credits-a-40-year-reflection/) - The federal historic tax credit (HTC) incentive was established in 1979 and replaced a former incentive program that was in the form of an accelerated depreciation. The program as it is known now was largely the result of two subsequent acts of Congress in the 1980s. Read more here. - [A Historic Tax Credit Conversation with Rep. Earl Blumenauer](https://heritage-consulting.com/a-historic-tax-credit-conversation-with-rep-earl-blumenauer/) - Earlier this year, Blumenauer, alongside Rep. Darin LaHood, R-Illinois, introduced the Historic Tax Credit Growth and Opportunity Act (HTC-GO), which intended to provide relief to historic rehabilitation projects impacted by the COVID-19 pandemic. Read more here. - [Midwest Office Opening](https://heritage-consulting.com/midwest-office-opening/) - Heritage Consulting Group, a national firm based in Portland, Oregon and Philadelphia, Pennsylvania, has opened its Midwest office in Madison, Wisconsin. Heritage is a leading advisor to owners and developers of older and historic buildings through the development process, helping them secure federal, state and local incentives. Read more here. - [Heritage Consulting Group Founder/CEO John Tess Retires After 40 Years](https://heritage-consulting.com/heritage-consulting-group-founder-ceo-john-tess-retires-after-40-years/) - Heritage Consulting Group announced today that John Tess, its Founder, will retire on April 1, 2022, after 40 years of successfully leading the company. Mr. Tess, a pioneer in the Historic Tax Credit industry, built Heritage from a single office in Portland, Oregon in 1982 into one of the nation’s largest and most respected historic - [Retooling your Toolbox for 2021](https://heritage-consulting.com/retooling-your-toolbox-for-2021/) - This article provides a retrospective on the industry over the past forty years and discusses the role of the historic tax credit in economic revitalization post-COVID. Read more here. - [Beyond the Dollars: The Intangible Impact of Twinned HTC/LIHTC Projects](https://heritage-consulting.com/beyond-the-dollars-the-intangible-impact-of-twinned-htc-lihtc-projects/) - Across the United States, municipalities are struggling to meet a seemingly never-ending increase in demand for affordable housing. Read more here. - [The Value of Due Diligence for Developers Embarking on Historic Tax Credit Projects](https://heritage-consulting.com/the-value-of-due-diligence-for-developers-embarking-on-historic-tax-credit-projects/) - in real estate development, there is a significant amount of work that goes into a development before a hammer is lifted. Find out more here. - [Ray Sherman Place: Using Historic Tax Credits on Public Housing](https://heritage-consulting.com/ray-sherman-place-using-historic-tax-credits-on-public-housing/) - Throughout the 20th century, different iterations of landmarks housing legislation were passed that forever changed the built environment of cities and towns across the United States. Read more here. - [Historic Tax Credit Legislation Update from Patrick Robertson](https://heritage-consulting.com/historic-tax-credit-legislation-update-from-patrick-robertson/) - A timely article as the Ways and Means Committee prepares to markup its tax bill that includes the HTC-GO provisions. Read more about it here. - [Preservation and Innovation Go Hand in Hand at High-Tech, Historic Fort Worth Hotel](https://heritage-consulting.com/preservation-and-innovation-go-hand-in-hand-at-high-tech-historic-fort-worth-hotel/) - When the Sinclair building opened its doors for business in 1930, the 16-story Art Deco office building was a pioneer in bringing modern 20th-century amenities to Fort Worth, Texas. Read more about it here. - [Rehabbing the Colt Armory: A Functionally Related HTC Success](https://heritage-consulting.com/rehabbing-the-colt-armory-a-functionally-related-htc-success/) - In the mid-2000s, initial work began on the rehabilitation of the former Colt Armory and manufacturing complex in Hartford, Connecticut. After 15 years and three separate historic tax credit (HTC) projects, the 17-acre site consisting of eight-rehabilitated buildings was officially completed. Read more here. - [Historic Tax Credit Legislation During an Election Year](https://heritage-consulting.com/historic-tax-credit-legislation-during-an-election-year/) - This year’s election may have a large impact on the future of HTCs. Our interview with Patrick Robertson of the Historic Tax Credit Coalition helps shed some light on what to expect soon. Check out the article to find out more. - [Opportunities for HTCs in OZs](https://heritage-consulting.com/opportunities-for-htcs-in-ozs/) - In many of the more than 8,700 opportunity zones (OZs) in the US, historic buildings or buildings that are potentially eligible for historic designation, are ripe for development. This article features Interviews with three experts who are versed in paring OZs and HTCs. Read the full article here. - [The 4 Percent LIHTC and the Changing Landscape: An Interview with Thom Amdur of the National Housing Rehabilitation Association](https://heritage-consulting.com/the-4-percent-lihtc-and-the-changing-landscape-an-interview-with-thom-amdur-of-the-national-housing-rehabilitation-association/) - In this month's article, We discuss how COVID-19 has brought attention to the critical need for more affordable housing, providing an opportunity to reframe the vision of affordable housing to include repurposed buildings. Read the full article here. - [COVID-19 Impacts on Design and Commercial Real Estate](https://heritage-consulting.com/covid-19-impacts-on-design-and-commercial-real-estate/) - COVID-19 is requiring owners and architects to look at ways to provide healthier, safer and more efficient work environments. Read our interview with leaders from Gensler and Cushman & Wakefield. - [Historic Tax Credit Reviews in the Era of COVID-19](https://heritage-consulting.com/historic-tax-credit-reviews-in-the-era-of-covid-19/) - In this month’s issue of Novogradac’s Journal of Tax Credits, we interview Brian Goeken, Chief of Technical Preservation Services at the National Park Service. Read the full article here. - [Opportunities to Twin New Markets Tax Credits and Historic Tax Credits](https://heritage-consulting.com/opportunities-to-twin-new-markets-tax-credits-and-historic-tax-credits/) - In our May article, we discuss opportunities to twin New Markets Tax Credits (NMTCs) and Historic Tax Credits (HTCs) providing additional incentives to benefit projects in low-income communities. Read the full article here. - [The Changing HTC Landscape: What’s Next for Hotels? An Interview with Joe Long, Co-Founder and Managing Partner of KHP Capital Partners](https://heritage-consulting.com/the-changing-htc-landscape-whats-next-for-hotels-an-interview-with-joe-long-co-founder-and-managing-partner-of-khp-capital-partners/) - Check out our interview with Joe Long, co-founder and managing partner of KHP Capital Partners on how COVID-19 is affecting the hotel industry. Read more here. - [The Changing HTC Landscape: An Interview with Developer Josh Jeffers of J. Jeffers & Co.](https://heritage-consulting.com/the-changing-htc-landscape-an-interview-with-developer-josh-jeffers-of-j-jeffers-co/) - In our June article, we discuss with Josh Jeffers of J. Jeffers & Co about COVID-19, and the impact that it will have on the way we do business now, but also how we will do business in the future. Read the full article here. - [A Developer's Perspective on Combining OZs and HTCs](https://heritage-consulting.com/a-developers-perspective-on-combining-ozs-and-htcs/) - In our April article, we discuss opportunity zones (OZ) and Historic Tax Credits (HTC) in the rehabilitation of the historic Poth Brewery in Philadelphia's Brewerytown neighborhood. This article presents the developers' perspective on combining these incentives. Read the full article here - [Historic Tax Credit Success in Little Rock, Arkansas](https://heritage-consulting.com/historic-tax-credit-success-in-little-rock-arkansas/) - Our February article discusses the Rental Assistance Demonstration (RAD) program, which allowed for funding sources such as Historic Tax Credits (HTC) to be utilized. The article features three 1970s public housing towers located in Little Rock, Arkansas which were rehabilitated under RAD utilizing HTCs. Read the full article here - [Historic Tax Credit Toolbox: Windows Make the Building](https://heritage-consulting.com/historic-tax-credit-toolbox-windows-make-the-building/) - Our March article addresses the importance of windows when completing a project using Historic Tax Credits (HTC). Read the full article here. - [Historic Tax Credits: The Basics](https://heritage-consulting.com/historic-tax-credits-the-basics/) - Our recent article discusses the basics of historic tax credits. Historic tax credits offers financial benefits and should be considered in the redevelopment concept. Read the full article here. - [Historic Tax Credits 2020](https://heritage-consulting.com/historic-tax-credits-2020/) - This article featuring the Sinclair hotel in Fort Worth, Texas discusses opportunities to use Historic Tax Credits (HTC) on projects that incorporate innovative technologies. Read the full article here. - [Historic Designations: What, When and Why](https://heritage-consulting.com/historic-designations-what-when-and-why/) - It seems simple enough: To use historic tax credits (HTCs), a building must be historic. Straightforward, right? Well, as is usually the case when that question is asked, the answer is no. There are multiple types of historic designations–individual listings, historic districts, federal designations, state designations and local designations. Further, there are timing issues and designation specifics which could affect an HTC - [The Value of Research in Historic Tax Credit Developments](https://heritage-consulting.com/the-value-of-research-in-historic-tax-credit-developments/) - When beginning a Historic Tax Credit (HTC) project, one of the most important steps is to understand the building’s status as a “Certified Historic Structure,” as defined in 36CFR67. In order for a project to be eligible for the HTC program, the building must be a certified historic structure. To be considered such, a building must be listed individually in the National - [Once-Dead Projects and Historic Tax Credits](https://heritage-consulting.com/once-dead-projects-and-historic-tax-credits/) - The reality of the real estate market is that it is cyclical. Real estate development has arced over the past decade from too hot to frozen and now back to warming. And as experienced a few years ago, the cycle down can be rapid–in some cases stopping a development in the middle of construction. Now that the market is warming again, - [Assembling an Effective Team for Window Replacement on Historic Tax Credit Projects](https://heritage-consulting.com/assembling-an-effective-team-for-window-replacement-on-historic-tax-credit-projects/) - Windows are among the most challenging aspects of a historic tax credit (HTC) project. Replacement is not automatic–an owner must make a strong case for replacement by documenting that the existing windows are beyond repair. Identifying an appropriate replacement window and presenting that window for approval can be a time-consuming process that can lead to project delays. After a replacement window is approved, - [Rooftop Additions on Historic Tax Credit Projects](https://heritage-consulting.com/rooftop-additions-on-historic-tax-credit-projects/) - It is not uncommon in a historic tax credit (HTC) project to need an expansion of a building at the roof to accommodate specific programmatic uses or to accommodate new building systems. Construction of habitable rooftop additions or the installation of rooftop equipment, such as new cooling towers, may be possible in a HTC project, provided - [HTC on Main Street: Small-Scale Projects with a Big Impact](https://heritage-consulting.com/htc-on-main-street-small-scale-projects-with-a-big-impact/) - Typically, when we think of historic tax credit (HTC) projects, we picture large, architecturally significant buildings located in densely populated urban downtowns and commercial areas, such as the IBM Building in Chicago; vast industrial facilities repurposed for residential use, such as the Colt Factory in Hartford Conn.; or textile mills-turned-loft-apartments throughout the mid-Atlantic and New - [Art & Architecture: Artwork in Tax Credit Projects](https://heritage-consulting.com/art-architecture-artwork-in-tax-credit-projects/) - For some developers, it is not enough to renovate and update a historic building. Rather, they have a vision that links art, architecture and heritage. For some, history and architecture form the basis of interior design, typically expressed by using historic photographs along the corridor walls. Such is the case of the Palmer House in Chicago and the Netherlands Hotel in - [Avoiding Historic Tax Credit Recapture using Post-Certification Amendments](https://heritage-consulting.com/avoiding-historic-tax-credit-recapture-using-post-certification-amendments/) - The National Park Service (NPS) historic tax credit (HTC) review process is often referred to as the 1-2-3 process, which makes one think that securing certification for a historic preservation rehabilitation project is easy as 1, 2, 3. First there’s a Part 1–Evaluation of Significance, followed by a Part 2–Description of Rehabilitation, and finished off - [Considerations and Challenges with Mid-Century Rehabilitations](https://heritage-consulting.com/considerations-and-challenges-with-mid-century-rehabilitations/) - The notion of a historic rehabilitation generally conjures up images of Victorian late 19th-century or early 20th-century architecture. Many people don't realize that buildings constructed as recently as 1965, or possibly more recently, may, in fact, qualify for historic tax credits (HTCs). Increasingly, HTC projects involve the rehabilitation of buildings constructed in the mid-20th century, - [The Corridor Challenge in HTC Developments](https://heritage-consulting.com/the-corridor-challenge-in-htc-developments/) - There is often wide disagreement about the significance of–and need to preserve–upper-floor corridors in historic tax credit (HTC) developments. Upper-floor corridors were frequently utilitarian in older buildings. They were formed of hollow clay tile with a flat plaster finish. Floors were often terrazzo, though sometimes marble, with a marble or wood base. - [Hydro and Historic: Re-establishing Hydro Technologies in HTC Projects](https://heritage-consulting.com/hydro-and-historic-re-establishing-hydro-technologies-in-htc-projects/) - Water power is as viable today as ever and is being reconnected to provide electricity on historic tax credit (HTC) projects involving mill buildings large and small, providing opportunities to re-establish historic hydropower technologies as a cost effective power source in HTC projects. - [A Tale of Two Reviews: HTC and Local Design Review](https://heritage-consulting.com/a-tale-of-two-reviews-htc-and-local-design-review/) - If the owner of a recently acquired building wishes to pursue the 20 percent federal historic tax credit (HTC), but that building is also subject to local design review, what does it mean for the rehabilitation project? How will it affect the HTCs? There seems to be a myth that there is one all-encompassing historic design review, but nothing could be - [State of the State…Historic Tax Credits](https://heritage-consulting.com/state-of-the-statehistoric-tax-credits/) - Happy New Year and welcome to 2016! It’s that time of the year when we make and break resolutions; when we take stock of the developments of the past year and look ahead to those in the year to come. In the spirit of the New Year, it seems appropriate to provide an update regarding - [New Additions: Criteria for Designing Additions to Historic Buildings](https://heritage-consulting.com/new-additions-criteria-for-designing-additions-to-historic-buildings/) - Many historic tax credit (HTC) developments involve the construction of an addition onto a historic building to accommodate a proposed programmatic use. Construction of additions is often possible in a HTC project, so long as there is demonstrated need for an addition and provided the addition is designed in a manner that preserves the character of the historic building and is appropriate - [Floor Plans: When do they Matter?](https://heritage-consulting.com/floor-plans-when-do-they-matter/) - Successfully navigating the historic tax credit (HTC) process quite often is the result of anticipating a project’s challenges. Nothing derails a schedule and budget more than being caught off guard by unexpected conditions tied to the Part 2 review, particularly ones that return the project back to basic design development. - [How to Make Parking Requirements Work with HTC Projects](https://heritage-consulting.com/how-to-make-parking-requirements-work-with-htc-projects/) - While America's love of the open road is legendary, it’s the utilitarian need to park our cars which has a greater impact when it comes to our buildings. While none of us were around, I’m sure one of the first questions after the awe of seeing Henry Ford’s Model T roll down Main Street was - [Successful Incorporation of Canopies in Historic Tax Credit Properties](https://heritage-consulting.com/successful-incorporation-of-canopies-in-historic-tax-credit-properties/) - Certain building types, including hotels and residential buildings, often use canopies in the design of the main entrances. Canopies create a transitional space for users of the building between the public street and the private space of the building. The adaptive reuse of such buildings, particularly for hotels or apartments, may benefit from the introduction - [Finding the Significance in a Seemingly Insignificant Building](https://heritage-consulting.com/finding-the-significance-in-a-seemingly-insignificant-building/) - For a project of benefit from historic tax credits (HTCs), a building must be considered a “certified historic structure,” a path that isn’t always simple. - [Hotel Branding and the Historic Tax Credit](https://heritage-consulting.com/hotel-branding-and-the-historic-tax-credit/) - Using historic tax credits (HTCs) and successfully completing a hotel rehabilitation project is a logical choice to cater to the growing group of heritage-minded tourists. However, these projects can pose a variety of challenges... - [Rehabilitating the So-Called ‘White Elephant’–How to Make a Challenging Project Succeed](https://heritage-consulting.com/rehabilitating-the-so-called-white-elephant-how-to-make-a-challenging-project-succeed/) - When you visit a city, you’re bound to see all types of buildings: commercial, residential institutional and ecclesiastical. These come in all ranges of styles and sizes, depending on your location. In more than 30 years of being in the historic real estate redevelopment industry, I’ve seen many types of buildings rehabilitated using historic tax - [Brutalism: A New Frontier for Historic Tax Credits](https://heritage-consulting.com/brutalism-a-new-frontier-for-historic-tax-credits/) - Brutalism has long been viewed negatively in the architectural community as “monolithic” or “imposing,” but has come back into vogue as changing tastes redefine design. At the same time, many of these buildings, built in the late 1960s through the 1970s, are reaching the 50-year threshold for National Register historic designations; thus, are potentially eligible - [Back to Basics: The Ingredients of a HTC Application](https://heritage-consulting.com/back-to-basics-the-ingredients-of-a-htc-application/) - Heading into the New Year is timely opportunity to take a step back and revisit the fundamentals of a good tax credit application. The quality of that application is important for three reasons: First, it demonstrates to the reviewing agencies that you know the program and what is important to them as they evaluate your - [The Historic Tax Credit Coalition: The Industry's Voice for Historic Tax Credits](https://heritage-consulting.com/the-historic-tax-credit-coalition-the-industrys-voice-for-historic-tax-credits/) - In our most recent article we discussed the Historic Tax Credit Coalition (HTCC) with Merrill Hoopengardner from the National Trust Community Investment Corporation. Read Full Article Here. - [Renewable Energy Tax Credits, Energy Codes and the Federal Historic Tax Credits](https://heritage-consulting.com/renewable-energy-tax-credits-energy-codes-and-the-federal-historic-tax-credits-2/) - There is an increasing concern for climate change, construction on buildings should consider expanding energy conservation levels and renewable sources. Read more on how it is feasible to install renewable energy facilities on a HTC project. Read Full Article Here. - [Rolling Acres in Vicksburg, Miss., Combines 4 Percent LIHTCs and 20 Percent HTCs](https://heritage-consulting.com/rolling-acres-in-vicksburg-miss-combines-4-percent-lihtcs-and-20-percent-htcs/) - One of our projects, Rolling Acres, combined historic tax credits (HTC) and low-income housing tax credits (LIHTC). Learn more about the challenges and how it was successfully executed. Read the full article here. - [Opportunities and Challenges for 2020](https://heritage-consulting.com/opportunities-and-challenges-for-2020/) - The Historic Tax Credit Program has been very successful allowing the rehabilitation of historic structures. The HTC program is constantly evolving and there will be new opportunities to come in 2020. Read the full article here. - [Historic Tax Credits and Historic Rehabilitation: Union Central Annex in Cincinnati](https://heritage-consulting.com/historic-tax-credits-and-historic-rehabilitation-union-central-annex-in-cincinnati/) - Ohio's HTC Program is one of the more competitive state programs. The Union Central Annex building in Cincinnati is a project that shows the impact of the Ohio HTC. Read full article here. - [Main Street Affordable Housing: Capitol Art Lofts in Jackson, Miss.](https://heritage-consulting.com/main-street-affordable-housing-capitol-art-lofts-in-jackson-miss/) - This article discusses the exciting rehabilitation of a long-abandoned stretch of downtown commercial buildings in Jackson, Mississippi. Read Full Article Here - [Historic Tax Credits and the Community Reinvestment Act](https://heritage-consulting.com/historic-tax-credits-and-the-community-reinvestment-act/) - CRA has the potential to broaden the funding pool for HTC projects. Learn more in the article below. Read Full Article Here - [LIHTC, HTC and Public Housing](https://heritage-consulting.com/lihtc-htc-and-public-housing/) - Read this article to learn the benefits of pairing historic tax credits (HTC) with low-income housing tax credits (LIHTCs) for public housing redevelopments. Read Full Article Here - [Opportunity Found: Historic Rehabilitation’s in Distressed Areas](https://heritage-consulting.com/opportunity-found-historic-rehabilitations-in-distressed-areas/) - Check out our latest article on opportunity zones and using Historic Tax Credits. Read Full Article Here - [New Markets Tax Credits and Historic Rehabilitation](https://heritage-consulting.com/new-markets-tax-credits-and-historic-rehabilitation/) - Our most recent article discusses the combined use of new market tax credits and historic tax credits. Learn more about how these incentives were paired to turn a historic cigarette factory into state-of-the-art science and tech labs in Durham, NC. Read Full Article Here - [Historic Tax Credits and the Adaptive Reuse of Churches](https://heritage-consulting.com/historic-tax-credits-and-the-adaptive-reuse-of-churches/) - Our recent article discusses the challenges of rehabilitating churches. Read more to see the successful adaptive reuse of Melrose Baptist Church. Read Full Article Here - [Opportunity Zones: A New Tool in the Box](https://heritage-consulting.com/opportunity-zones-a-new-tool-in-the-box/) - Normally, this column provides real-life examples of successful federal historic tax credit (HTC) developments. Often these are linked with other investment tools, such as low-income housing tax credits, U.S. Department of Housing and Urban Development Rental Assistant Demonstration (RAD) funding or other sources. Read Full Article Here - [Three Considerations When Twinning HTC, LIHTC](https://heritage-consulting.com/three-considerations-when-twinning-htc-lihtc/) - Rehabilitation developments often use both the federal historic rehabilitation tax credit (HTC) and the low-income housing tax credit (LIHTC) to meet the bottom line while still providing quality affordable units. - [HTCs and RAD Projects on a Smaller Scale: The Case of Liberty Village and Liberty Square in Groesbeck, Texas](https://heritage-consulting.com/htcs-and-rad-projects-on-a-smaller-scale-the-case-of-liberty-village-and-liberty-square-in-groesbeck-texas/) - While historic tax credits (HTC) are instrumental in rehabilitating grand monumental properties, they can also be critical resources for preserving public housing, particularly when combined with other resources. Read Full Article Here - [The Changing Needs of Hotels Create HTC Challenges](https://heritage-consulting.com/the-changing-needs-of-hotels-create-htc-challenges/) - At first glance, rehabilitating a historic hotel using historic tax credits (HTCs) for continued use as a hotel seems straightforward. However, these projects can pose a variety of challenges due to the ever-changing needs of modern hotels. There can be a mismatch between old hotels and new hotels when it comes to the provision of services, - [The Challenges of Historic Tax Credit Projects with Multiple Small Buildings](https://heritage-consulting.com/1369-2/) - When embarking on a historic tax credit (HTC) project, it is easy to assume that small developments will be easier than larger developments, the assumption being that smaller buildings have fewer issues or require less vigorous HTC applications. Read Full Article Here - [Mid-Century Retail Spaces: Challenges and Opportunities for HTC Rehabilitations](https://heritage-consulting.com/1353-2/) - The notion of a historic rehabilitation generally conjures up images of Victorian late-19th century or early 20th century classical architecture. Read Full Article Here - [Creative Solutions for Unique Spaces](https://heritage-consulting.com/creative-solutions-for-unique-spaces/) - Many building types–particularly single-use properties such as banks, theaters, churches and hotels–have unique and dramatic interior spaces that are character-defining yet challenging to adapt for contemporary uses. [...] - [Rehabbing a Single Historic Building with Multiple Owners](https://heritage-consulting.com/rehabbing-a-single-historic-building-with-multiple-owners/) - At first blush, property ownership seems like a simple issue. Read Full Article Here - [Historic Rehabilitation Opportunities for Public Housing: A Q&A with HUD Federal Preservation Officer Nancy E. Boone](https://heritage-consulting.com/historic-rehabilitation-opportunities-for-public-housing-a-qa-with-hud-federal-preservation-officer-nancy-e-boone/) - The development of any society is often reflected in the resulting built environment. Read Full Article Here - [Historic Tax Credits and HUD’s Rental Assistance Program: Opportunities Found](https://heritage-consulting.com/historic-tax-credits-and-huds-rental-assistance-program-opportunities-found/) - Over the years, twinning the federal Historic Tax Credit (HTC) program with low-income housing tax credits (LIHTCs) has become a common approach to preserving and revitalizing aging public housing complexes. Read Full Article Here - [Sizing Replacement Windows to the Highest Standards](https://heritage-consulting.com/sizing-replacement-windows-to-the-highest-standards/) - Windows are an integral component of a building’s exterior, which visually organize a façade and gracefully recede into and complement a building’s structure. Read Full Article Here - [Retaining Character: Tying History into Interior Design](https://heritage-consulting.com/retaining-character-tying-history-into-interior-design/) - A common misconception about historic tax credit (HTC) rehabilitation projects is that the state historic preservation office (SHPO) and National Park Service (NPS) only have purview over exterior work, when in reality, interior design is a critical component in the review process, which may lead to approval or denial. Read Full Article Here... - [Ensuring Approvals on a Changing Development](https://heritage-consulting.com/ensuring-approvals-on-a-changing-development/) - The reality of the real estate market is that it is cyclical. And as experienced in the past decade, the cycle down can be rapid– in some cases stopping a development before it begins. Now that the market is warming again, developers are looking to complete these partially completed developments. This cycling presents both opportunities - [Lessons Learned from Adaptive Reuse of Building to Become a School](https://heritage-consulting.com/lessons-learned-from-adaptive-reuse-of-building-to-become-a-school/) - Adapting historic buildings for new uses in a historic tax credit (HTC) development often hinges on the ability to find a compatible use, so what happens when a school needs to undertake an adaptive reuse project on a historic building that was not previously used as a school? Read Full Article Here.. - [Finding the Story: The Challenges of National Register Listing](https://heritage-consulting.com/finding-the-story-the-challenges-of-national-register-listing/) - What happens when you instinctively know a building is significant, but the history is largely unknown? While a developer may feel a building is historic, unless significance is established, a building will not be eligible for the historic tax credits (HTCs). Establishing the historic and/or architectural significance of a building is the first step in - [Historic Tax Credits and Historic Districts: San Francisco’s Wilson Building](https://heritage-consulting.com/historic-tax-credits-and-historic-districts-san-franciscos-wilson-building/) - As we know, to qualify for historic tax credits (HTCs), a project must be a certified rehabilitation of a certified historic building. One common path for certifying a building as historic is to individually list it on the National Register of Historic Places, a rigorous and time-consuming process. Even in seeking preliminary determinations, this process - [Curtain Wall in Historic Tax Credit Projects](https://heritage-consulting.com/curtain-wall-in-historic-tax-credit-projects/) - The materials and techniques involved in modern construction allowed for rapid construction in the mid-20th century. One such technique was the advent of the curtain wall in building construction. Many of the iconic midcentury modern buildings feature curtain walls. From the Seagram Building in New York City to the one-story Farnsworth House, the curtain wall, - [Change Over Time: Certification of Altered Buildings](https://heritage-consulting.com/change-over-time-certification-of-altered-buildings/) - Commercial buildings are not static and do not exist in a vacuum. Intact buildings are rare. Rather, commercial structures are creatures of the real estate market and success invariably means they must be updated to meet evolving market expectations.Read full article here. - [Historic Tax Credits and Local Landmarks](https://heritage-consulting.com/historic-tax-credits-and-local-landmarks/) - Historic buildings are celebrated as local landmarks across the country. From the tallest skyscrapers in large cities to the quaint Main Streets in small town America, these landmarks form the identity of communities. Due to their status, these landmark buildings can attain multiple levels of historic designations, including listing in the National Register of Historic - [Exterior Signs: What Works](https://heritage-consulting.com/exterior-signs-what-works/) - From the largest billboards to tiny plaques, exterior signs immediately identify the function of a building. Exterior signs have the potential to make or break commercial enterprises housed in a building. When undertaking a rehabilitation project utilizing historic tax credits (HTCs), all exterior signs are subject to review by the state historic preservation office (SHPO) - [Maintaining Character In Multiple- Building HTC Project](https://heritage-consulting.com/maintaining-character-in-multiple-building-htc-project/) - Like movies, buildings are full of character: usually a couple of lead characters, aided by supporting characters. When rehabilitating a historic building using historic tax credits (HTCs), the National Park Service (NPS) requires the character-defining features of a building to be maintained. To ensure that this character is maintained, the Secretary of the Interior’s Standards - [The Importance of Follow-Through in HTC Applications](https://heritage-consulting.com/the-importance-of-follow-through-in-htc-applications/) - Some developers look upon the historic tax credit (HTC) process as straightforward paperwork: Completing and submitting the Part 2 application; receiving approval from the National Park Service (NPS); and moving forward with the approved project, no longer in need of an HTC consultant.There are many projects where this approach has worked, but it is not - [Defining Character: What is a Character-Defining Feature?](https://heritage-consulting.com/defining-character-what-is-a-character-defining-feature/) - In reviewing projects for historic tax credits (HTCs), the State Historic Preservation Office (SHPO) and National Park Service (NPS) evaluate proposed work under the Secretary of the Interior’s Standards for Rehabilitation (Standards). While the Standards are general in nature, there is published guidance to illuminate how the Standards are applied to projects.Essentially, the intent of - [Documentation, Documentation, Documentation](https://heritage-consulting.com/documentation-documentation-documentation/) - The importance of documentation in a historic tax credit (HTC) development cannot be overemphasized. There are actually three distinct forms of documentation, all of which are critical to a successful historic tax credit application. Historic Documentation: First is documenting the historic evolution of the building. With few exceptions, buildings change over time. Tenants move in - [Opportunities to use Federal Historic Tax Credits on Multi-Tenant Office Buildings](https://heritage-consulting.com/opportunities-to-use-federal-historic-tax-credits-on-multi-tenant-office-buildings/) - When undertaking a rehabilitation development using historic tax credits (HTCs), the functional use of the building greatly influences the approach to proposed interior finishes. Reusing historic structures as office buildings requires foresight to understand the needs of future tenants, who may have a specific aesthetic in mind and to balance those needs with the HTC - [Are Modern Era Resources Historic?](https://heritage-consulting.com/are-modern-era-resources-historic/) - Shopping centers, motels and skyscrapers — what do these buildings have in common? They are modern era resources that may be eligible for listing in the National Register of Historic Places and then eligible for the federal 20 percent investment tax credit for historic properties. As modern era resources are increasingly demolished in favor of - [Historic Preservation and Going Green](https://heritage-consulting.com/historic-preservation-and-going-green/) - Historic preservation and sustainability go hand in hand. There is a misconception that historic preservation tax credit (HTC) projects and LEED certified projects are mutually exclusive. On the contrary, green development and preservation can both be achieved when rehabilitating a historic building; thus, opening the door for developers and property owners to benefit from using - [The Boutique Hoteliers and Historic Preservation: What Are They Doing Today?](https://heritage-consulting.com/the-boutique-hoteliers-and-historic-preservation-what-are-they-doing-today/) - The hospitality industry has always played an important role in our nation’s growth and the urbanization of the United States’ small towns and large metropolitan areas. The industry itself is reflective of the increasing mobility of American society and the modes of transportation used by Americans since the country’s inception. It is also reflective of - [Repurposing Historic Buildings for Hotel Use: Balancing Modern Hotel Requirements with Historic Standards](https://heritage-consulting.com/repurposing-historic-buildings-for-hotel-use-balancing-modern-hotel-requirements-with-historic-standards/) - The hospitality industry thrives on three basic tenets: location, service and cost, and it has developed a full range of products to capture a diverse range of customers in which emphasis on these three factors fluctuates greatly. From budget to five-star, the hospitality industry tailors its product to capture the market. - [How to Fit Contemporary Office Space into Historic Buildings](https://heritage-consulting.com/how-to-fit-contemporary-office-space-into-historic-buildings/) - You’ve decided on new office space. You’ve picked the perfect building and signed a lease. You are ready to begin designing, right? If you have chosen a historic building, the answer is: maybe not – not if that building has interior design review, such as that required in federal historic tax credit (HTC) projects. Historic - [The Other Often Overlooked Review: Adaptive Reuse and Federal Section 106 Historic Process](https://heritage-consulting.com/the-other-often-overlooked-review-adaptive-reuse-and-federal-section-106-historic-process/) - The federal government in May announced plans to dispose of 12,218 excess properties – and that number is considered just the tip of the iceberg. These buildings include the spectrum of federal properties, including offices and warehouses. At first blush, the idea of buying a surplus government building is an attractive one. - [EB-5: A Source of Equity for Historic Rehab](https://heritage-consulting.com/eb-5-a-source-of-equity-for-historic-rehab/) - Financing any type of real estate deal over the last couple of years has been difficult, to say the least. The EB-5 program was created by Section 610 of Public Law 102-395 on October 6, 1992. This was in accordance with a congressional mandate aimed at stimulating economic activity and job growth while allowing eligible - [What's on Top? Rooftops on Historic Tax Credit Projects](https://heritage-consulting.com/whats-on-top-rooftops-on-historic-tax-credit-projects/) - An often overlooked element in historic rehabilitation projects is what’s on top of the building. As the demand for additional square footage, mechanical considerations and new technology encroach on the use of rooftop space, it is important that developers of historic properties pay particular and early attention to what’s on top of a building, as - [Unique Opportunities and Small LIHTC Deals](https://heritage-consulting.com/unique-opportunities-and-small-lihtc-deals/) - The 20 percent federal historic tax credit (HTC) is a critical tool for affordable housing development. This tax credit can be combined with low-income housing tax credits (LIHTCs) and, depending upon location, urban renewal funding and state historic incentives. This is particularly true for single room occupancy (SRO) housing, which is often located in former - [Twinning NMTCs with HTCs Helps Produce Peabody Opera House Project](https://heritage-consulting.com/twinning-nmtcs-with-htcs-helps-produce-peabody-opera-house-project/) - Ever since I began working in the field of historic preservation in the 1970s as grants manager and state and federal tax coordinator for the Oregon State Historic Preservation Office, historic preservation projects have always had funding gaps that needed to be filled. In the past, these gaps were filled by various methods, whether it - [Teamwork in Historic Tax Credit Projects](https://heritage-consulting.com/teamwork-in-historic-tax-credit-projects/) - There are few things that we do in life that don’t or didn’t include the involvement of others to some extent. I like to refer to these “outside people” as your team. Some teams work and others don’t. In the case of the redevelopment of an historic property the right project team is critical to - [Storefront Design: Considerations When Using Historic Tax Credits](https://heritage-consulting.com/storefront-design-considerations-when-using-historic-tax-credits/) - When I first began my career in historic preser­vation I learned that there were two important views of a historic downtown building, the ground level - a dynamic area, ever changing with the influx of people, permanent and passing retailers and tenants, basically a barometer of the economic condi­tions in country, and the upper floors, - [State of State Historic Tax Credits](https://heritage-consulting.com/state-of-state-historic-tax-credits/) - Since its inception as part of the Tax Reform Act of 1976, the federal historic tax credit (HTC) has aided with nearly $100 billion in rehabilitation investment. This law provided a 25 percent federal income tax credit on monies used in the rehabilitation of commercial, agricultural, industrial or rental buildings that are certified historic structures. - [The Ups and Downs of State Historic Preservation Incentives](https://heritage-consulting.com/the-ups-and-downs-of-state-historic-preservation-incentives/) - Study after study has proved that the federal historic tax incentive program, through the rehabilitation and ultimate adaptive reuse of older and historic buildings, has been one of the most successful and cost effective programs in leveraging private investment, fostering public private partnerships and creating jobs in both good and bad economies. The program has - [When State Incentives Meet Budget Realities- The New York State Rehabilitation Tax Credit](https://heritage-consulting.com/when-state-incentives-meet-budget-realities-the-new-york-state-rehabilitation-tax-credit/) - Recently, a number of developers have asked Heritage Consulting Group to find investors interested in purchasing New York state rehabilitation tax credits. After searching high and low, it is evident that the market has little to no appetite for the state’s rehabilitation tax credits. With state historic tax credits so prevalent and useful, it was - [Condominium Conundrum and Other Multi-Owner Property Issues](https://heritage-consulting.com/condominium-conundrum-and-other-multi-owner-property-issues/) - By the mid-1990s the condominium market was gaining strength, military base closures totaled more than 350 installations and many mill renovations were under way. While many of these projects offered historic renovation opportunities, they also raised questions about the use of historic federal tax incentives on properties with multiple owners. When addressing these ownership issues - [Twinning the HTC with the Low-Income Housing Tax Credit](https://heritage-consulting.com/twinning-the-htc-with-the-low-income-housing-tax-credit/) - There was a time when constructing or renovating a building was generally a straightforward affair. Buy the land, find your equity, get your approval and build. While this outline remains, the simplicity of the good old days seems as dated as the typewriter. Today, even straightforward projects are complicated. Complex ownership entities, lengthy project review - [America's Endangered Properties: An Avenue to Potential Projects](https://heritage-consulting.com/americas-endangered-properties-an-avenue-to-potential-projects/) - Throughout the United States there are thousands of historic properties ripe for rehabilitation or preservation. Many of these properties will be picked up by developers and find new life with the assistance of tax incentive programs as our downtowns revitalize. Other properties won’t be as lucky, as they may not be eligible for any financial - [Due Diligence: The New Necessity](https://heritage-consulting.com/due-diligence-the-new-necessity/) - In the recent past, developers often neglected due diligence in an effort to close deals. It was not uncommon 10 years ago for developers of historic tax credit (HTC) projects to skip this step, and the tax credit investors rarely investigated the project themselves. Due diligence is not a new concept, however. It is simply - [Historic Tax Credits in a Modern World" Retail as Theater](https://heritage-consulting.com/historic-tax-credits-in-a-modern-world-retail-as-theater/) - The heart of the historic tax credit (HTC) program is economics. In creating the current program, Congress recognized that preserving and rehabilitating older and historic buildings provided a social and aesthetic public benefit, but that incentives were needed because rehabilitation projects’ extra costs. In particular, changes to the tax code in 1981 had the undesirable - [Maximizing Historic Rehabilitation as an Economic Revitalization Tool](https://heritage-consulting.com/maximizing-historic-rehabilitation-as-an-economic-revitalization-tool/) - As detailed in the National Park Service’s (NPS’s) 2011 Annual Report, the federal historic preservation tax incentive program is the nation’s most effective program to promote historic preservation and community revitalization through historic rehabilitation. Since its inception in 1976, the tax credit program has generated $62 billion in the rehabilitation of income-producing historic preservation. - [Revitalizing America One Storefront at a Time](https://heritage-consulting.com/revitalizing-america-one-storefront-at-a-time/) - Over the years, the historic tax credit program has been a critical incentive in the rehabilitation of historic buildings and by extension, in the economic revitalization of America’s downtowns and main streets. According to the National Park Service, in its lifetime, the tax credit program has generated $62 billion in construction over 38,000 projects. In - [Historic Tax Credits: A Good Incentive for the Times](https://heritage-consulting.com/historic-tax-credits-a-good-incentive-for-the-times/) - With a number of lawmakers looking for tax loopholes to close, many in the historic preservation industry are nervous about the future of the historic tax credit (HTC) program. The Preservation Alliance for Greater Philadelphia warns, “With our nation’s fiscal crisis demanding a reassessment of current tax policy, the historic tax credit is certain to - [Tax Credits as an Economic Revitalization Tool: National Park Service's Report](https://heritage-consulting.com/tax-credits-as-an-economic-revitalization-tool-national-park-services-report/) - In January, then Secretary of the Interior Ken Salazar joined Sen. Carl Levin, D-Mich., to host a meeting in Detroit that focused on how the highly successful historic tax credit (HTC) program could be used to spark development in communities that have faced significant long-term decline. Economic development, real estate and design professionals attended the - [A Different Kind of Education Reform: Reuse of Historic School Buildings](https://heritage-consulting.com/a-different-kind-of-education-reform-reuse-of-historic-school-buildings/) - For better or worse, we all have strong memories of the school buildings where we spent much of our youth. Similar to municipal, ecclesiastical and institutional buildings, schools have traditionally been viewed as centerpieces of communities and neighborhoods. They are where kids gather for learning, adults gather to vote and everyone has a story. The - [The Next Big Thing: The Rehabilitation of Chicago's IBM Building](https://heritage-consulting.com/the-next-big-thing-the-rehabilitation-of-chicagos-ibm-building/) - With the real estate market returning, albeit more quickly in some places than others, there are two noticeable trends. First, that hotel use is one of the more prominent and prevalent forms of adaptive reuse. And second, that there is increasing interest in modern post-war buildings. - [Local Landmark Commissions and the Historic Tax Credit](https://heritage-consulting.com/local-landmark-commissions-and-the-historic-tax-credit/) - In addition to design review from the National Park Service (NPS) and the state historic preservation office (SHPO), local landmark commissions may also have a say in how historic tax credit (HTC) projects are renovated. From the outside looking in, it may be tempting to assume local landmark review and the HTC process are two - [The Non-Historic Rehabilitation Tax Credit" An Important but Overlooked Incentive](https://heritage-consulting.com/the-non-historic-rehabilitation-tax-credit-an-important-but-overlooked-incentive/) - One of the lesser known rehabilitation tax credits is the 10 percent credit for non-historic buildings. The credit was created with the Tax Reform Act of 1986 at the same time as the 20 percent historic rehabilitation tax credit. Although the program has limited applicability, it is simple in concept and administration and thus can - [Giving Back: An Update](https://heritage-consulting.com/giving-back-an-update/) - As anyone who has undertaken the historic tax credit (HTC) certification process can attest, getting a property listed on the National Register of Historic Places can be a difficult hurdle to clear. Designation on the National Register is the gateway for eligibility to use the HTC, which means that each potential tax credit project must - [Can You Speed Up a Historic Tax Credit Project Review?](https://heritage-consulting.com/can-you-speed-up-a-historic-tax-credit-project-review/) - Few things are more critical in real estate than the speed of getting a project to market. Timing can make the difference between success and failure. For historic tax credit (HTC) projects, the time when the application is under review is vexing. Program standards call for two sequential 30-day review periods: one at the State - [Getting Through Windows](https://heritage-consulting.com/getting-through-windows/) - Windows are critical to a building’s design and historic character. According to the National Park Service’s (NPS’s) Illustrated Guidelines for Rehabilitated Historic Buildings, “As one of the few parts of a building serving as both an interior and exterior feature, windows are nearly always an important part of the historic character of a building. In - [Three Historic Tax Credit Developers' Plans for the Future](https://heritage-consulting.com/three-historic-tax-credit-developers-plans-for-the-future/) - Since 1976, federal tax incentives have been provided to encourage developers to rehabilitate historic properties rather than replace them. Over the years, the preservation tax incentives program has seen significant changes in incentives. The current federal historic preservation tax incentives program provides a 20 percent historic perseveration tax credit (HTC) for qualified rehabilitation expenditures (QREs) - [National Register Listing: When Challenges Arise](https://heritage-consulting.com/national-register-listing-when-challenges-arise/) - Historic tax credits (HTCs) can provide a critical incentive for owners seeking to redevelop historic buildings, and the path to obtaining HTCs begins with National Register listing. For the thousands of buildings already listed in the National Register (either individually or within a historic district), the first step in the tax credit process is usually - [Right Building, Wrong Use: Renovating Obsolete Buildings with HTCs](https://heritage-consulting.com/right-building-wrong-use-renovating-obsolete-buildings-with-htcs/) - Or is it wrong building, right use? When is a building a good fit for a new use and when can a new use be effectively inserted into an old building? The Secretary of Interior’s Standard 1 states, “A property shall be used for its historic purpose or be placed in a new use that - [Challenges and Opportunities When Redeveloping Industrial Buildings](https://heritage-consulting.com/challenges-and-opportunities-when-redeveloping-industrial-buildings/) - In the 40-year history of the historic tax credit (HTC) program, certain building types have become perennial targets for rehabilitation. Mills, factories, office buildings, department stores and schools are often well suited for adaptive reuse, with floor plans and finishes that lend themselves to new uses and the use of HTCs. This article, the first in a recurring series identifying the opportunities - [Can You Rehab a Rehab?](https://heritage-consulting.com/can-you-rehab-a-rehab/) - As the 40th anniversary of the federal historic tax credit (HTC) program approaches, the early days of the program come to mind: typewriter applications, carbon paper copies and 35mm photograph prints. While application procedures and technology have advanced significantly from those early days, it is also important to realize that those early tax credit projects are now at least 30 years old. - [The Opportunities and Challenges Presented by State Rehabilitation Credits](https://heritage-consulting.com/the-opportunities-and-challenges-presented-by-state-rehabilitation-credits/) - It is tempting to assume that if some historic tax credits (HTCs) are good, then more HTCs are better. Several public policy studies support this position. According to some studies, an active state tax credit program boosts the use of the federal program, on average, by between $15 million and $35 million in certified expenditures. Put another way, states with active - [Subdividing Significant Interior Spaces](https://heritage-consulting.com/subdividing-significant-interior-spaces/) - Certain building types inherently contain significant interior spaces, the character of which can be defined by their volume as well as their architectural distinction. School buildings contain cafeterias, gymnasiums and auditoriums; armories contain drill halls; hotels contain ballrooms; fraternal lodges contain ceremonial spaces; office buildings contain lobbies; and bank buildings contain monumental banking halls. The adaptive reuse of such spaces often hinges - [Making Joe Frazier’s Gym a historical site won't be easy](https://heritage-consulting.com/making-joe-fraziers-gym-a-historical-site-wont-be-easy/) - "Key to any feasible plan for Joe Frazier’s Gym is encouraging a sale between the current owner and an appropriate buyer," said the report. "The Panel agreed that the ideal buyer would be a philanthropic individual or organization, or a corporate owner who would not only purchase the building but would also invest in necessary renovations." - [Challenges and Opportunities when Redeveloping School Buildings](https://heritage-consulting.com/challenges-and-opportunities-when-redeveloping-school-buildings/) - School buildings elicit strong associations for the public. Not only are they structures that housed you or your children for many years of learning, they serve as community anchors and create a strong sense of place within a community. However, many historic schools have been shuttered, making them targets for redevelopment. One of the most common building types rehabilitated using the historic - [Energy-Efficiency Upgrades and Historic Buildings](https://heritage-consulting.com/energy-efficiency-upgrades-and-historic-buildings/) - This month’s Toolbox features insight about incorporating energy efficiency on historic buildings based on expertise from Heritage staff member and window expert Sam Wharton. Wharton is a recent graduate from the Frank Lloyd Wright School of Architecture. Over the past three decades, he has promoted strategies that increase the thermal performance of windows, and has extensive knowledge of green building technology and methodology. - [Successful Incorporation of New Interior Openings in Historic Tax Credit Projects](https://heritage-consulting.com/successful-incorporation-of-new-interior-openings-in-historic-tax-credit-projects/) - Certain building types inherently contain expansive interior spaces. Department stores, warehouses and factories, for example, can have footprints that extend a full city block. A central challenge in rehabilitating buildings with large footprints is the absence of daylight into the inner core. The adaptive reuse of such buildings, particularly for hotel or apartment use, often - [Heritage Consulting Group Opens Austin Office](https://heritage-consulting.com/heritage-consulting-group-opens-austin-office/) - Heritage Consulting Group, a national leader in historic tax credit consultation, is pleased to announce the opening of its Austin, Texas office, effective June 1, 2015. This office will allow Heritage to improve service to its existing clients in the region. It will also help the company improve outreach and facilitate new business. ## Pages - [Home](https://heritage-consulting.com/) - [State Historic Tax Credit Opportunities for Religious Properties](https://heritage-consulting.com/services/religious-properties/) - What are Historic Tax Credits? Historic tax credits are an important tool and potential source of equity for congregations seeking to undertake large capital projects. HTCs typically represent 20% to 40% of rehabilitation costs (hard and some soft costs) depending on the location and the use of the building. Applications are typically reviewed and approved - [Historic Tax Credit Opportunities for Public Housing](https://heritage-consulting.com/services/public-housing/) - Opportunities for Historic Tax Credits in Public Housing Historic Tax Credits (HTCs) help finance the rehabilitation of historic public housing under HUD's RAD (Rental Assistance Demonstration) program by providing equity for capital improvements. Housing authorities typically partner with taxable investors who can utilize the credits, helping preserve and modernize historic housing while reducing redevelopment costs. - [Privacy Policy](https://heritage-consulting.com/privacy-policy/) - Effective Date: June 5, 2026 Our Commitment To Privacy Your privacy is important to us. To better protect your privacy we provide this notice explaining our online information practices and the choices you can make about the way your information is collected and used. The Information We Collect This notice applies to all information collected - [Text Messaging Terms of Service](https://heritage-consulting.com/text-messaging-terms-of-service/) - Effective Date: June 5, 2026 Please read these Text Messaging Terms of Service ("SMS Terms") carefully. By opting into or participating in any text messaging program offered by Heritage Consulting Group ("Heritage Consulting Group," "we," "us," or "our"), you agree to be bound by these SMS Terms, as well as the Privacy Policy, which are - [ACQUISITION ANNOUNCEMENT](https://heritage-consulting.com/acquisition-announcement/) - HERITAGE CONSULTING GROUP ANNOUNCES ACQUISITION OF CHATTEL, INC. Heritage Consulting Group announces its acquisition of Chattel, Inc., an award-winning historic preservation consulting firm based in Los Angeles. This strategic acquisition brings together two highly respected firms whose complementary strengths will expand services, deepen regional expertise in the western United States, and enhance the ability to - [Careers](https://heritage-consulting.com/careers/) - Heritage Consulting Group is successful due to our team of curious problem-solvers that are experts in the field. We are looking to add people to our team who have a passion for historic preservation, a client-service minded approach, and who want to learn and innovate together. From day one, you are a part of the - [Our Team](https://heritage-consulting.com/team/) - [ACQUISITION ANNOUNCEMENT](https://heritage-consulting.com/announcement/) - HERITAGE CONSULTING GROUP ANNOUNCES ACQUISITION OF ROSIN PRESERVATION Heritage Consulting Group, a leading national historic preservation consulting firm headquartered in Philadelphia, announces the acquisition of Rosin Preservation, a premier historic preservation consulting firm based in Kansas City. This strategic acquisition unites two of the leading firms in the United States specializing in securing historic tax - [About](https://heritage-consulting.com/about/) - Heritage Consulting Group is a national historic preservation consulting firm that specializes in securing historic tax credit approvals and other incentives for the rehabilitation of historic properties. Founded in 1982, Heritage has completed over 2,000 projects across the country and currently has projects in most major cities coast to coast. Heritage routinely consults with city - [West Virginia Historic Tax Credits](https://heritage-consulting.com/west-virginia-historic-tax-credits/) - A Summary of West Virginia HTC's West Virginia Historic Rehabilitation Tax Credit Program 25% credit for certified historic properties Sunset Date: December 31, 2022 - [Projects by State](https://heritage-consulting.com/projects-by-state/) - [Louisiana Historic Tax Credits](https://heritage-consulting.com/louisiana-historic-tax-credits/) - A Summary of Louisiana HTC's Louisiana Commercial Tax Credit Program 25% credit for certified historic properties; 35% for select location and population totals Annual Cap: $125 Million Transaction Cap: N/A, first come first served Sunset Date: January 1, 2029 - [Arkansas Historic Tax Credits](https://heritage-consulting.com/arkansas-historic-tax-credits/) - A Summary of Arkansas HTC's Arkansas Historic Rehabilitation Income Tax Credit 25% credit for certified historic properties Annual State Cap: $8 million Transaction Cap: $500,000; Competitive Process Sunset Date: June 30, 2030 - [State Historic Tax Credits](https://heritage-consulting.com/state-htc/) - There are currently 38 states with state historic tax credit programs that can provide additional incentives for the rehabilitation of income-producing properties. State application processes and allocations vary from state to state. As a national firm, Heritage has extensive experience obtaining approvals for state historic tax credits. "The National Trust for Historic Preservation has long - [Minnesota Historic Tax Credits](https://heritage-consulting.com/minnesota-historic-tax-credits/) - A Summary of Minnesota HTC's Minnesota Historic Structure Rehabilitation Tax Credit20% credit for certified historic properties Annual Cap: N/ATransaction Cap: N/ASunset Date: June 30, 2030 - [Kentucky Historic Tax Credits](https://heritage-consulting.com/kentucky-historic-tax-credits/) - A Summary of Kentucky HTC's Kentucky Historic Preservation Tax Credit Program20% credit for certified historic propertiesAnnual Cap: $100 millionTransaction Cap: $10 million; by rightSunset Date: N/A - [Giving Back](https://heritage-consulting.com/giving-back/) - A Heritage of Giving Heritage established its Giving Back Program in 2012 in honor of the company’s 30th anniversary. As part of its 30th anniversary, Heritage launched the Giving Back program. Through this program we provide pro bono services for properties deserving research and recognition for their contributions to America’s cultural and architectural history. Giving Back projects include - [New Jersey Historic Tax Credits](https://heritage-consulting.com/new-jersey-historic-tax-credits/) - A Summary of New Jersey's HTC's New Jersey Historic Property Reinvestment Program40 percent of the cost of rehabilitation up to a maximum of $4 million, for rehabilitation projects NOT located within a qualified incentive tract or a government-restricted municipality45 percent of the cost of rehabilitation up to a maximum of $8 million, for rehabilitation projects - [Georgia Historic Tax Credits](https://heritage-consulting.com/georgia-historic-tax-credits/) - A Summary of Georgia HTC's Georgia Income Tax Credit Program for Rehabilitated Historic Property Program25% credit for certified historic propertiesAnnual Cap: $25 millionTransaction Cap: $5 million; by rightSunset Date: December 31, 2027 - [Rhode Island Historic Tax Credits](https://heritage-consulting.com/rhode-island-historic-tax-credits/) - A Summary of Rhode Island HTC's Rhode Island Historic Preservation Tax Credit Program20% credit for certified historic properties; extra 5% for additional incentivesAnnual Cap: N/ATransaction Cap: $5 million; first-come first-serve basisSunset Date: December 31, 2022 - [North Carolina Historic Tax Credits](https://heritage-consulting.com/north-carolina-historic-tax-credits/) - A Summary of North Carolina HTC's North Carolina Credit for Rehabilitating Income-Producing Historic Structure15% or 20% credit for certified historic properties30% or 40% credit for projects that qualify for the Mill CreditAnnual Cap: N/ATransaction Cap: $4.5 million; by rightSunset Date: December 31, 2030 - [Michigan Historic Tax Credits](https://heritage-consulting.com/michigan-historic-tax-credits/) - A Summary of Michigan Historic Tax Credits Michigan Historic Preservation Tax Credit25% credit for certified historic propertiesAnnual Cap: $5 million; $2 set aside for large non-residential properties; $2 million set aside for small non-residential properties: $1 million set aside for residential propertiesTransaction Cap: $2 million; first come first serveSunset Date: December 31, 2030 - [Delaware Historic Tax Credits](https://heritage-consulting.com/delaware-historic-tax-credits/) - A Summary of Delaware HTC's Delaware Historic Preservation Tax Credit Program20% credit for certified historic properties; Additional 10% for Affordable HousingAnnual Cap: $8 millionTransaction Cap: N/A; by rightSunset Date: December 31, 2027 - [California Historic Tax Credits](https://heritage-consulting.com/california-historic-tax-credits/) - A Summary of California Historic Tax Credits California Historic Rehabilitation Tax Credit20% credit for certified historic properties; extra 5% for affordable housingAnnual State Cap: $50 millionTransaction Cap: N/A; first-come first-serve basisSunset Date: December 31, 2026 - [South Carolina Historic Tax Credits](https://heritage-consulting.com/south-carolina-historic-tax-credits/) - A Summary of South Carolina HTC's South Carolina Historic Rehabilitation Tax Credit Program10% credit in conjunction with federal credit; 25% for other eligible propertiesAnnual Cap: N/ATransaction Cap: per building cap of $1 million; no per dollar cap per 10 percent creditSunset Date: N/A - [Massachusetts Historic Tax Credits](https://heritage-consulting.com/massachusetts-historic-tax-credits/) - A Summary of Massachusetts HTC's Massachusetts Historic Rehabilitation Tax Credit Program20% credit for certified historic propertiesAnnual Cap: $55 millionTransaction Cap: N/A; rolling basisSunset Date: December 31, 2027 - [Connecticut Historic Tax Credits](https://heritage-consulting.com/connecticut-historic-tax-credits/) - A Summary of Connecticut HTC's Connecticut State Historic Rehabilitation Tax Credit25% credit for certified historic properties; extra 5% for affordable housing or if located in an Opportunity ZoneAnnual Cap: $31.7 millionTransaction Cap: $4.5 million; rolling basisSunset Date: N/A - [Projects](https://heritage-consulting.com/projects/) - [Projects](https://heritage-consulting.com/projects-3/) - [Projects Old](https://heritage-consulting.com/projects-4/) - [Projects Col](https://heritage-consulting.com/projects-2/) - [Mississippi Historic Tax Credits](https://heritage-consulting.com/mississippi-historic-tax-credits/) - A Summary of Mississippi HTC's Mississippi Historic Tax Credit25% credit for certified historic propertiesAnnual Cap: $12 millionTransaction Cap: N/A; by rightSunset Date: December 31, 2030 - [Wisconsin Historic Tax Credits](https://heritage-consulting.com/wisconsin-historic-tax-credits/) - A Summary of Wisconsin HTC's Wisconsin Historic Preservation and Rehabilitated Tax Credit Program20% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: $3.5 million; by rightSunset Date: N/A - [Virginia Historic Tax Credits](https://heritage-consulting.com/virginia-historic-tax-credits/) - A Summary of Virginia HTC's Virginia Rehabilitation Tax Credit Program25% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: $5 million; by rightSunset Date: N/A - [Vermont Historic Tax Credits](https://heritage-consulting.com/vermont-historic-tax-credits/) - A Summary of Vermont HTC's Vermont Downtown and Village Tax Credit Program10% credit with an approved federal creditAnnual Cap: $2.4 millionTransaction Cap: $500,000; competitiveSunset Date: N/A - [Utah Historic Tax Credits](https://heritage-consulting.com/utah-historic-tax-credits/) - A Summary of Utah HTC's Utah Historic Preservation Tax Credit Program20% credit for certified historic propertiesAnnual Credit: N/ATransaction Cap: N/A; by rightSunset Date: N/A - [Texas Historic Tax Credits](https://heritage-consulting.com/texas-historic-tax-credits/) - A Summary of Texas HTC's Texas Historic Preservation Tax Credit Program25% credit for certified historic propertiesAnnual Credit: N/ATransaction Credit: N/A; by rightSunset Date: N/A - [Pennsylvania Historic Tax Credits](https://heritage-consulting.com/pennsylvania-historic-tax-credits/) - A Summary of Pennsylvania HTC's Pennsylvania Historic Preservation Incentive Tax Credit Program25% credit for certified historic propertiesAnnual Cap: $5 millionTransaction Cap: $500,000; competitiveSunset Date: February 1, 2031 - [Oklahoma Historic Tax Credits](https://heritage-consulting.com/oklahoma-historic-tax-credits/) - A Summary of Oklahoma HTC's Oklahoma Investment Tax Credits for Rehabilitation20% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: N/A; by rightSunset Date: N/A - [Ohio Historic Tax Credits](https://heritage-consulting.com/ohio-historic-tax-credits/) - A Summary of Ohio HTC's Ohio Historic Preservation Tax Credit25% credit for certified historic propertiesAnnual Cap: $60 millionTransaction Cap: $5 million; competitiveSunset Date: N/A - [North Dakota Historic Tax Credits](https://heritage-consulting.com/north-dakota-historic-tax-credits/) - A Summary of North Dakota HTC's North Dakota Renaissance Zone Rehabilitation Tax Credit25% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: $250,000; by rightSunset Date: N/A - [New York Historic Tax Credits](https://heritage-consulting.com/new-york-historic-tax-credits/) - A Summary of New York HTC's New York Rehabilitation Tax Credit for Commercial Properties20% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: $5 million; by rightSunset Date: December 31, 2024 - [New Mexico Historic Tax Credits](https://heritage-consulting.com/new-mexico-historic-tax-credits/) - A Summary of New Mexico HTC's New Mexico Income Tax Credit or Registered Cultural Properties Program50% for certified structures in State Register Cultural PropertiesAnnual Cap: N/ATransaction Cap: $50,000Sunset Date: N/A - [Montana Historic Tax Credits](https://heritage-consulting.com/montana-historic-tax-credits/) - A Summary of Montana HTC's Montana Historic Rehabilitation Income Tax Credit Program5% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: N/A; by rightSunset Date: N/A - [Missouri Historic Tax Credits](https://heritage-consulting.com/missouri-historic-tax-credits/) - A Summary of Missouri HTC's Missouri Historic Tax Credits25% credit for certified historic propertiesAnnual Cap: $120 millionTransaction Cap: N/A; competitiveSunset Date: N/A - [Maine Historic Tax Credits](https://heritage-consulting.com/maine-historic-tax-credits/) - A Summary of Maine HTC's Maine Historic Tax Credit Program25% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: $5 million; by rightSunset Date: December 31, 2023 - [Iowa Historic Tax Credits](https://heritage-consulting.com/iowa-historic-tax-credits/) - A Summary of Iowa HTC's Iowa Historic Preservation and Cultural & Entertainment District Tax Credit Program25% credit for certified historic propertiesAnnual Cap: $45 millionTransaction Cap: N/A; by rightSunset Date: N/A - [Illinois Historic Tax Credits](https://heritage-consulting.com/illinois-historic-tax-credits/) - A Summary of Illinois HTC's Illinois Historic Preservation Tax Credit Program25% credit for certified historic propertiesAnnual Cap: $15 millionTransaction Cap: $3 million; competitive based on certain criteriaSunset Date: December 31, 2023 - [Colorado Historic Tax Credits](https://heritage-consulting.com/colorado-historic-tax-credits/) - A Summary of Colorado HTC's Colorado Job Creation Main Street Revitalization Act25% credit for certified historic propertiesAnnual Cap: $10 millionTransaction Cap: $1 million; first-come first-serve basisSunset Date: December 31, 2029 - [Nebraska Historic Tax Credits](https://heritage-consulting.com/nebraska-historic-tax-credits/) - A Summary of Nebraska HTC's Nebraska Job Creation and Main Street Revitalization Act20% credit for certified historic propertiesAnnual Cap: $15 millionTransaction Cap: $1 million; by rightSunset Date: December 31, 2022 - [Maryland Historic Tax Credits](https://heritage-consulting.com/maryland-historic-tax-credits/) - A Summary of Maryland HTC's Maryland Heritage Structure Rehabilitation Tax Credit Program20% credit for certified historic properties; additional 5% for affordable housingAnnual Cap: N/ATransaction Cap: $3 million; by rightSunset Date: December 31, 2022 - [Kansas Historic Tax Credits](https://heritage-consulting.com/kansas-historic-tax-credits/) - A Summary of Kansas HTC's Kansas Historic Rehabilitation Tax Credit Program25% credit for certified historic propertiesAnnual Cap: N/ATransaction Cap: N/A; by rightSunset Date: N/A - [Hawaii Historic Tax Credits](https://heritage-consulting.com/hawaii-historic-tax-credits/) - A Summary of Hawaii HTC's Hawaii Historic Tax Credit Program25% credit for certified historic properties: extra 5% for affordable housingAnnual Cap: $1 millionTransaction Cap: N/A; by rightSunset Date: December 31, 2024 - [Alabama Historic Tax Credits](https://heritage-consulting.com/alabama-historic-tax-credits/) - A Summary of Alabama Historic Tax Credits Alabama Historic Rehabilitation Tax Credit25% credit for certified historic propertiesAnnual State Cap: $20 millionTransaction Cap: $5 million; Competitive ProcessSunset Date: December 31, 2022 - [Contact](https://heritage-consulting.com/contact/) - [Services](https://heritage-consulting.com/services/) - [Contemporary Conversion](https://heritage-consulting.com/contemporary-conversion/) - Designed and constructed between 1959 and 1961, the Sterling Apartment Homes was rehabilitated by Denver-based Real Estate Investment Trust, Aimco. This block-long residential building was transformed into a vibrant urban, live/work environment. Updating this 30-story mid-century tower involved revitalizing the original retail arcade, updating the office floors, and refurbishing the 535 apartments with modern fixtures - [Historic Icon](https://heritage-consulting.com/historic-icon/) - Designed and constructed between 1959 and 1961, the Sterling Apartment Homes was rehabilitated by Denver-based Real Estate Investment Trust, Aimco. This block-long residential building was transformed into a vibrant urban, live/work environment. Updating this 30-story mid-century tower involved revitalizing the original retail arcade, updating the office floors, and refurbishing the 535 apartments with modern fixtures - [What Our Clients Say about Heritage Consulting Group](https://heritage-consulting.com/testimonials/) - [Meet Our Team](https://heritage-consulting.com/meet-our-team/) ## Projects - [Bell Labs / Bell Works](https://heritage-consulting.com/project/bell-labs-bell-works/) - This distinctive project involved the reimagination of the iconic Bell Labs office park in Holmdel, NJ into a unique destination for business, retail, and culture. Designed by the prolific mid-century architecture firm of Eero Saarinen and Associates, the building was constructed in three phases between 1959 and 1985 and functioned as the research and development - [Eastcastle Place](https://heritage-consulting.com/project/eastcastle-place/) - Heritage Consulting Group worked with Eastcastle Place to secure historic tax credit approvals, making possible the rehabilitation of the former Milwaukee Protestant Home for the Aged in Milwaukee, Wisconsin. The complex is composed of two buildings. The original 1892 building was expanded with five additions constructed between 1897 and 2006. In 1963, the Bradford Terrace - [Electric Works](https://heritage-consulting.com/project/electric-works/) - Heritage Consulting Group worked with North Carolina-based developer Ancora to secure historic tax credit approvals, making possible the rehabilitation of the former General Electric Campus in Fort Wayne, now Electric Works. The historic campus, which was in operation for almost 120 years and included over fifteen buildings, totals 700,000 square feet. After assessment found that - [Witherspoon Building](https://heritage-consulting.com/project/witherspoon-building/) - Philadelphia’s Witherspoon Building, which was built for the Presbyterian Board of Publications, is a visual landmark in Center City Philadelphia with its terra cotta-clad exterior and richly integrated sculptural elements. The building was rehabilitated for short term stay apartments with a commercial ground floor. As part of the project, historic entrances and storefronts were reestablished, - [4601 Market](https://heritage-consulting.com/project/4601-market/) - The former Provident Mutual Insurance Company building was constructed in West Philadelphia in 1927 as the company’s headquarters. In 1983, the company relocated, and for decades the building sat underutilized. A prior attempt to redevelop the site fell through. In 2019, Philadelphia-based developer Iron Stone Real Estate Partners saw the building’s potential and commenced the - [Milwaukee Journal Commons](https://heritage-consulting.com/project/milwaukee-journal-commons/) - Heritage Consulting Group worked with Milwaukee-based developer J. Jeffers & Co. to secure historic tax credit approvals, making possible the rehabilitation of the historic Milwaukee Journal Building in Milwaukee, Wisconsin. The building is composed of the original 1924 Art Deco landmark with the Mid-Century Modern addition constructed in 1962. Rebranded the Journal Commons, the 1924 - [Brigadier General Hazel Johnson Brown Veterans Center](https://heritage-consulting.com/project/brigadier-general-hazel-johnson-brown-veterans-center/) - The Brigadier General Hazel Johnson Brown Veterans Center adapted a vacant school in the Sharswood neighborhood of North Philadelphia into 55 apartments for low-income seniors, including a set number for homeless veterans. The former General John F. Reynolds School was designed by noted school architect Irwin T. Catharine and constructed in 1926 in the - [Trenton Mill Lofts](https://heritage-consulting.com/project/trenton-mill-lofts/) - Heritage Consulting Group worked with Lansing Melbourne Group on the rehabilitation of the historic Trenton Cotton Mills in Gastonia, North Carolina. The city’s oldest extant textile mill was transformed into the Trenton Mill Lofts, Gastonia’s newest and most desirable apartment complex. The complex is situated in the heart of the city’s Franklin Urban Sports and - [Arrott Building / The Industrialist](https://heritage-consulting.com/project/arrott-building-the-industrialist/) - Constructed in 1902, the historic Arrott Building was transformed into The Industrialist Hotel, a 124-room hotel in downtown Pittsburgh. The exterior masonry was restored and the interior was reconfigured to accommodate guest and meeting rooms. Heritage worked with the design team to tackle the primary challenge of making the main entrance both ADA accessible and - [William Brown Hosiery Mill /J-centrel](https://heritage-consulting.com/project/william-brown-hosiery-mill-j-centrel/) - Located in Philadelphia’s Harrowgate neighborhood, the former William Brown Hosiery Mill has been transformed into affordable workspaces, residences and retail space. J-centrel is now home to community-driven residents and businesses. The building features contemporary industrial apartments sited around a landscaped commons that fosters collaboration for its occupants. The interior retains the industrial character with wood - [Continental Hotel/ Hampton Inn](https://heritage-consulting.com/project/continental-hotel-hampton-inn/) - This project involved the rehabilitation of Miami Beach’s Continental Hotel on Collins Ave. into a Hampton Inn. This unique post-war resort hotel had been dramatically altered in the late 20th century. Heritage worked with the project team to restore the original façade with a new aluminum and glass sunshade. A new parking garage was also - [New Century Guild / Guild House](https://heritage-consulting.com/project/new-century-guild-guild-house/) - The National Historic Landmark, New Century Guild, was meticulously restored into the Guild House, a boutique luxury hotel in Center City Philadelphia. Founded in 1882, New Century Guild is one of the oldest and largest organizations committed to advancing the interests of women in the labor force. This building served as the organization’s headquarters. - [LondonHouse Chicago](https://heritage-consulting.com/project/the-london-house/) - The ambitious rehabilitation of Chicago’s historic London Guarantee Building, transformed what was an underutilized office building into the LondonHouse Chicago hotel. The building stands as one of four 1920s commercial skyscrapers built along the city’s Michigan Avenue Bridge. In addition to its high-style Beaux Arts design, the building holds a prominent position along the river - [Barack Obama Presidential Center](https://heritage-consulting.com/project/the-obama-library/) - Heritage is honored to have consulted on the Barack Obama Presidential Center, which will commemorate the presidency of Barack Obama. The Center will be located in Jackson Park, on the South Side of Chicago, and will include a museum and library, headed by the nonprofit Obama Foundation. As part of its Giving Back program, Heritage - [The Armory](https://heritage-consulting.com/project/the-armory/) - Commonly known as the Portland Armory, the Annex was constructed forty years after the founding of Portland in 1891. The building was listed on the National Register in 2000 but remained vacant with threats of demolition. Heritage worked with developer Gerding-Edlen to use historic tax credits to transform the building into a world-class theater and - [Landmark Place](https://heritage-consulting.com/project/landmark-place/) - Heritage worked with RUPCO to secure historic tax credit approvals, making possible the rehabilitation of the historic Kingston City Almshouse, an Italianate landmark that was built in 1874. Rebranded Landmark Place, this 14-acre campus provides affordable housing with supportive services for seniors in the historic landmark building, its historic outbuildings, and in adjacent new construction - [Stephen Girard Building](https://heritage-consulting.com/project/stephen-girard-building/) - Philadelphia’s former Stephen Girard Building was adapted into this 236 - room Canopy, a boutique Hilton Hotel. Situated in the section of the city rebranded as East Market, the Canopy is central to the revival of the pedestrian - oriented neighborhood, which blends urban shopping, living and dining in both historic and contemporary architecture. The - [Richardson Olmsted Campus](https://heritage-consulting.com/project/richardson-olmsted-campus/) - This project transformed this National Historic Landmark and one of Buffalo’s most iconic buildings into a hotel and conference center. Originally designed by the renowned architect Henry Hobson Richardson with landscape designers Frederick Law Olmsted and Calver Vaux, the 100-acre complex was designed to accommodate enlightened principles in psychiatric treatment pioneered by Dr. Thomas Story - [Stone House Inn](https://heritage-consulting.com/project/stone-house-inn/) - The Stone House Inn was built in 1854 for David Sisson, a Providence-based industrialist. Sited on two acres overlooking Round Pond and the Atlantic Ocean, the four-story fieldstone inn and adjacent barn were rehabilitated into an upscale hotel. The rehabilitation was noteworthy for its incorporation of green technologies such as geothermal. Heritage successfully obtained state - [The Sinclair](https://heritage-consulting.com/project/the-sinclair/) - Located in downtown Fort Worth, The Sinclair is where Art Deco luxury meets innovation. Constructed in 1929, this Art Deco landmark retains its historic marble - clad lobbies and corridors with Mayan - styled detailing. Sinclair Holdings, LLC completed the rehabilitation into a 164 - room Marriott Autograph Collection hotel, which incorporates the latest available - [Lamar Life Building](https://heritage-consulting.com/project/lamar-life-building/) - The Mattiace Company completed the long anticipated rehabilitation of the landmark Lamar Life Building located in downtown Jackson, Mississippi. Constructed in 1925, this 11-story Gothic Revival white terra cotta office tower was built as the headquarters for the Lamar Life Insurance Company and also served as the radio tower and broadcast studio for Mississippi's first - [Colt Industrial Complex](https://heritage-consulting.com/project/colt-industrial-complex/) - The rehabilitation of the Colt Patent Fire Arms Manufacturing Company complex into Colt Gateway was a decade-long project that transformed a unique 17-acre campus of buildings for a multitude of uses including apartments, offices and a magnet school. With its iconic blue dome, Colt Gateway is one of the most visible properties in the Hartford - [The Nantucket Hotel + Resort](https://heritage-consulting.com/project/the-nantucket-hotel-resort/) - This project represents the culmination of a $16 million rehabilitation of the former Point Breeze hotel into The Nantucket Hotel + Resort. This 1891 Victorian landmark hotel was rehabilitated into a luxury resort featuring a spa and grand ballroom. The Nantucket Hotel + Resort has been recognized by the hospitality industry as one of the - [Adelphi Hotel](https://heritage-consulting.com/project/adelphi-hotel/) - Originally constructed in 1877, the Adelphi rose to iconic status in Saratoga’s tourism industry. The historic hotel was frequented by famous local figures including John Morrissey who is credited with bringing horse racing to the city. Known for its three-story “Saratoga porch,” the hotel’s Italianate design represents the peak of Saratoga Springs development in the - [Sterling Apartment Homes](https://heritage-consulting.com/project/sterling-apartment-homes/) - Designed and constructed between 1959 and 1961, the Sterling Apartment Homes was rehabilitated by Denver-based Real Estate Investment Trust, Aimco. This block-long residential building was transformed into a vibrant urban, live/work environment. Updating this 30-story mid-century tower involved revitalizing the original retail arcade, updating the office floors, and refurbishing the 535 apartments with modern fixtures - [The Fuller Building](https://heritage-consulting.com/project/the-fuller-building/) - The Fuller Building in midtown Kingston, New York was successfully rehabilitated and is home to dozens of tenants including creatives and professional practitioners. This former shirt factory was one of the last unoccupied warehouse buildings in midtown Kingston and its completion was key to the revitalization of the neighborhood. This successful adaptive reuse retained the - [Elks Temple](https://heritage-consulting.com/project/elks-temple-2/) - The McMenamins Brothers, who specialize in creating unique hang-out spaces including brew pubs, restaurants, and theater and music venues throughout the Pacific Northwest, opened their most recent attraction in a historic fraternal order of the Elks building in Tacoma, Washington. The seven-story Elks Temple was constructed in the Beaux Arts style in 1916 and is - [Loews Philadelphia Hotel](https://heritage-consulting.com/project/loews-philadelphia-hotel__trashed-3/) - Heritage has a longstanding relationship with Loews Hotels, serving as their historic consultant for the Loews Philadelphia Hotel/PSFS Building, a National Historic Landmark which is regarded as the first modern skyscraper in the United States. Built for the Philadelphia Saving Fund Society in 1932, this 33-story building served as the bank headquarters and offices, and - [Nugent Senior Apartments](https://heritage-consulting.com/project/nugent-senior-apartments/) - The Nugent Senior Apartments is located in the Germantown neighborhood of Philadelphia and was built by philanthropist, George Nugent, as a retirement home for Baptist ministers. Designed in the Chateauesque style by architect J. Franklin Stuckert, the ornate exterior features projecting bays, tall brick chimneys and clay tile roofing. The rehabilitation converted the building into - [State University of New York (SUNY) Broome Community College Culinary Arts & Events Center](https://heritage-consulting.com/project/state-university-of-new-york-suny-broome-community-college-culinary-arts-events-center/) - The State University of New York Broome Community College transformed Binghamton, New York's downtown Carnegie Library into the Culinary Arts & Events Center. Binghamton's downtown Public Library was completed in 1904 with funding from noted businessman and philanthropist, Andrew Carnegie. Conceived as the "people's university" the library was designed with a large circulation area, reading - [Ziock Building](https://heritage-consulting.com/project/ziock-building/) - Heritage worked with Gorman & Company on the transformation of the historic Ziock Building into an Embassy Suites Hotel and Conference Center. Set along the Rock River, this massive 220,000 sf reinforced concrete factory was transformed into the Embassy Suites by Hilton , now t he centerpiece of the $112 million "CityHub," an integrated downtown - [IBM Building/Langham Hotel/330 E. Wabash](https://heritage-consulting.com/project/langham-hotel330-e-wabash/) - The IBM Building was Mies van der Rohe’s last work. The 52-story office skyscraper is located along the north bank of the Chicago River. It is notable not only for its association with van der Rohe, but for its many engineering initiatives. Today, the upper 39 stories of the building remain offices, notably the headquarters - [Chesterfield](https://heritage-consulting.com/project/chesterfield-2/) - The Liggett & Myers Tobacco Company located in the Bright Leaf Historic District of Durham, North Carolina was built in 1948 and was considered the most modern cigarette factory in the world. The building had been vacant for decades before a Baltimore-based company, Wexford Science and Technology, completed an innovative adaptive reuse project. Wexford began - [Park Towne Place](https://heritage-consulting.com/project/park-towne/) - Park Towne Place, now known as Park Towne Place Museum District Residences, was built in 1959 as mid-century modern market rate apartment complex in Philadelphia. The complex is composed of four 18-story apartment towers located on the Benjamin Franklin Parkway, home to many of the city’s museums. The property was the first modern housing complex - [Coffelt-Lamoreaux National Register Historic District](https://heritage-consulting.com/project/coffelt-lamoreaux-national-register-district/) - The Housing Authority of Maricopa County and Gorman & Company, Inc. listed the Coffelt-Lamoreaux in Phoenix, Arizona in the National Register of Historic Places. The district is located southwest of downtown Phoenix and consists of 150 duplexes spread over nearly 38 acres. Opened in 1954, Coffelt-Lamoreaux was the first and largest physical manifestation of the - [Macy's Herald Square](https://heritage-consulting.com/project/macys-herald-square/) - Macy’s flagship store in the heart of midtown Manhattan was built in 1901 and was the largest department store in the world at the time of its construction. The original architects were DeLemos & Cordes. The building was listed in the National Register of Historic Places and became a National Historic Landmark in 1978. Heritage - [Troy Record](https://heritage-consulting.com/project/troy-record/) - The Rosenblum Companies redeveloped the former Troy Record Building into The News Apartments. The original building is a 3-story Dutch colonial Revival commercial structure constructed between 1906 and 1908. Since that time there were subsequent additions in 1924, 1935, 1947, and 1967 and the building was continuously used for newspaper production until it became vacant - [Melrose Baptist Church](https://heritage-consulting.com/project/melrose-baptist-church/) - Riaz Capital, Bay area developer who focuses on the changing housing needs of the Millennial Generation, successfully completed the adaptive reuse of the Melrose Baptist Church in Oakland, California. The project involved converting a complex of four buildings, including a 1930 Spanish Revival church, two school buildings from the 1940s, and a 1920 bungalow into - [Eastside Exchange](https://heritage-consulting.com/project/eastside-exchange/) - The Powers Warehouse is prominently located along the Willamette River in downtown Portland. The building has served many functions including its original use as a furniture factory and warehouse; during World War II the building was converted into a dormitory for shipbuilders. Now it caters to new economy enterprises with renovated office featuring clean, natural - [The Nines/Macy’s](https://heritage-consulting.com/project/the-nines-macys/) - The Portland Development Commission spearheaded a $160 million redevelopment of Portland’s downtown Meier & Frank Department Store. Occupying a full city block, the 13-story building was Oregon’s largest building. The redevelopment project included retaining the department store (now Macy’s) on the lower five floors and constructing Oregon’s first six star hotel, The Nines operated by - [Denver Union Station](https://heritage-consulting.com/project/denver-union-station/) - Denver’s iconic Union Station - located at the foot of LoDo - has been transformed into the centerpiece of a 19.5 acre, $900 million redevelopment that includes multi-modal transportation, including a rail link to the airport and commuter bus center. The train station, first built in 1881 and rededicated with its Great Hall in 1914, - [Aloft New Orleans Downtown](https://heritage-consulting.com/project/aloft-new-orleans-downtown/) - Constructed as a speculative office building in 1962, the 28-story 225 Baronne Street was the first major office building to be constructed in New Orleans’ Central Business District following World War II. New Orleans’ based developer, HRI Properties, recently adapted 225 Baronne for mixed-use with residential apartments and an Aloft Hotel. Incentives Utilized: - [The Wilson San Francisco](https://heritage-consulting.com/project/the-wilson-san-francisco/) - The Wilson Building, a former office building with ground floor retail, was rehabilitated by Raintree Partners. Built in 1900 and designed by Willis Polk, the Wilson Building is one of the few buildings to survive the Great 1906 San Francisco Earthquake. The building is located in the city’s Market Street Theatre and Loft National Register - [Pacific Northwest College of Art](https://heritage-consulting.com/project/pacific-northwest-college-of-art/) - The Pacific Northwest College of Art (PNCA) currently occupies the former U.S. Post Office in Portland, Oregon. The $32 million rehabilitation converted this 1918 neo-classical building into the new home of PNCA including classrooms, studios, library, and exhibition spaces. The decorative lobby with marble floors, travertine walls, bronze storefronts, and detailed coffered ceiling were retained - [11 S LaSalle / Marriott Residence Inn](https://heritage-consulting.com/project/11-s-lasalle-marriott-residence-inn/) - Completed in three stages, the Lumber Exchange building's first sixteen-stories were designed by Holabird & Roche in 1915, followed by five additional stories seven years later. In 1926, Andrew Rebori added a 36-story tower and renamed the building the Roanoke Building and Tower. In 2016, The Prime Group, Inc. completed a $140mm rehabilitation of - [New Orleans Public Service, Inc. (NOPSI)](https://heritage-consulting.com/project/new-orleans-public-service-inc-nopsi/) - The New Orleans Public Service, Inc. (NOPSI) Building is located in New Orleans’ Lower Central Business District Historic District. It is a Neo-Classical building designed by Favrot & Livaudais and constructed in 1927. The building had been vacant since 1986. The building and adjoining substation were rehabilitated as a hotel by Building & Land Technology, - [Watermark Baton Rouge](https://heritage-consulting.com/project/watermark-baton-rouge/) - This project involved the rehabilitation of a 1924, twelve-story bank building in downtown Baton Rouge. Utilizing federal historic tax credits, the Wampold Company rehabilitated this building and created a 144 room luxury hotel. The hotel is also home to The Gregory, a premier restaurant that features circa late 1940s murals by the restaurant’s namesake and - [Holston House](https://heritage-consulting.com/project/holston-house/) - Designed by the prominent Tennessee architectural firm, Marr & Holman, the 12-story James Robertson Hotel was constructed in 1929. One of the few Art Deco towers constructed in Nashville, the brick exterior is ornamented with limestone embellishments while the interior lobby features an eclectic revival-style design that includes a stained beamed ceiling, masonry piers and - [220 Water Street](https://heritage-consulting.com/project/220-water-street/) - The Hanan & Son Shoe company built this brick and heavy timber factory building in 1893 and expanded the building in 1905 with a large reinforced concrete addition. Located in the DUMBO (Down Under the Manhattan Bridge Overpass) historic district, which is significant for its association with the rise of Brooklyn as a major American - [Rohm and Haas Corporate Headquarters Building](https://heritage-consulting.com/project/rohm-and-haas-corporate-headquarters-building/) - Prominently sited on Independence Mall, the nine-story building was designed by internationally renowned architect, Pietro Belluschi, in the Modern Movement style of architecture. Constructed in 1965 as the headquarters of Rohm and Haas, a specialty materials company perhaps best known for their development of Plexiglas, the building was rehabilitated to continue to serve as the - [Pier A](https://heritage-consulting.com/project/pier-a/) - Pier A was constructed in 1886 by the New York City Department of Docks. Located at the northern edge of Battery Park, the pier is composed of the inshore Head house and the outshore Piershed with four-story clock tower. The rehabilitation of Pier A, which is nearing completion, will transform the building into a visitor - [Aloft Orlando Downtown](https://heritage-consulting.com/project/aloft-orlando-downtown/) - Constructed in 1967, Heritage successfully nominated this modern office building to the National Register of Historic Places, before the building was 50 years old. The original sleek marble and wood surfaces were restored and incorporated into the hotel’s meeting rooms and guestrooms. These mid-century finishes are harmonious with the streamline, contemporary aesthetic of the Aloft - [Drayton Tower](https://heritage-consulting.com/project/drayton-tower/) - Drayton Towers was constructed in 1951 and is one of Savannah’s most highly regarded examples of mid-century architecture. When completed, the building held the distinction of being the second tallest building in Savannah and the first building in the state to be fully air conditioned. The building was recently rehabilitated for commercial use on the - [Arcade Building](https://heritage-consulting.com/project/arcade-building/) - Located in downtown Albany, the Arcade Building was constructed in 1928 in the Art Deco style. Fairbank Properties recently completed the rehabilitation using state and federal historic tax credits to finance the conversion of the building into ground floor retail with luxury apartments above. As part of the project, the 3,000 square foot retail arcade - [Flatiron Building](https://heritage-consulting.com/project/flatiron-building/) - Completed in 1897, the Flatiron Building (also known as the English-American Building and the Georgia Savings Bank) is Atlanta's oldest standing skyscraper. The building was designed by Bradford Lee Gilbert, a prolific railroad architect who also designed the "Tower Building," New York City's first skyscraper, in 1889. In 2016, Lucror Resources completed a $13mm rehabilitation of - [Mechanics and Farmers Savings Bank](https://heritage-consulting.com/project/mechanics-and-farmers-savings-bank/) - Located in the central business district of Bridgeport, the Mechanics & Farmers Bank building was constructed in 1929 and sat vacant and deteriorated for a decade prior to the recent rehabilitation. Utilizing federal and state historic tax credits, Forstone Capital rehabilitated the former banking hall and office space into office space as the headquarters for - [Mayflower Building](https://heritage-consulting.com/project/mayflower-building-2/) - The Mayflower Building, constructed in 1965, was designed by the locally prominent Dallas architecture firm Thomas E. Stanley Architects and Engineers. Built by the Mayflower Investment Company, a subsidiary of the Fidelity Union Life Insurance Company of Dallas, the building was designed as speculative office space to be utilized by the financial, insurance and data - [R. J. Reynolds Building / Cardinal Hotel](https://heritage-consulting.com/project/reynolds-building/) - Completed in 1929, the Reynolds Building was commissioned by the R.J. Reynold's Tobacco Company for their headquarters. Designed by New York architects Shreve and Lamb, the building was the tallest in the South at the time of its construction. In 2016, PMC Property Group completed a $59mm rehabilitation of the Reynolds Building. Formerly vacant, the - [Lane Hotel](https://heritage-consulting.com/project/lane-hotel/) - The 1929 Spanish Colonial Revival-style Lane Hotel was transformed into Haas Hall Academy, a public charter school. As part of the rehabilitation, the masonry, entrance plaza and distinctive tile roof were restored. Historic storefronts were retained and historically-appropriate replacement windows were installed. The ornate entrance lobby, with its quarry tile floors and carved woodwork, was - [Pyramid Lofts](https://heritage-consulting.com/project/pyramid-lofts/) - MM Partners rehabilitated the Harry C. Kahn & Son Warehouse, also known as the Pyramid Electric Building, located in Philadelphia's Brewerytown neighborhood. The 1922 Commercial Style warehouse had been vacant for decades prior to the rehabilitation. Sited at the former Pennsylvania Rail Line at the edge of the neighborhood, the building has become a recognized - [Spring Garden School](https://heritage-consulting.com/project/spring-garden/) - The Lural Lee Belvins Veterans Center was rehabilitated by HELP USA. In 1928, the building was originally constructed as the Spring Garden School No. 1 during Philadelphia's prolific Progressive Era school development phase. The school closed its doors in the 1970s and remained vacant for several decades, experiencing significant deterioration. Until its recent rehabilitation, the - [Coffelt-Lamoreaux Public Housing](https://heritage-consulting.com/project/coffelt-lamoreaux-public-housing/) - Coffelt-Lamoreaux Public Housing - [Fairchild Air Force Base](https://heritage-consulting.com/project/fairchild-air-force-base/) - Fairchild Air Force Base was established in 1942 and is comprised of 5,800 acres with 1,250 buildings. Heritage was hired to provide Section 106 services to the base, including both evaluation of specific buildings and areas and preparation of the base’s Integrated Cultural Resource Management Plan. - [Washington D. C. Hotel Monaco](https://heritage-consulting.com/project/washington-d-c-hotel-monaco/) - The General Post Office, first designed by Robert Mills in 1842, is a National Historic Landmark. By the 1980s, however, the building was vacant and dilapidated. In the early 2000s, through the General Services Agency, the federal government used Section 110 of the National Historic Preservation Act to lease the property for redevelopment. Heritage joined - [North Scranton Junior High School](https://heritage-consulting.com/project/north-scranton-junior-high-school/) - [MLK Blvd.](https://heritage-consulting.com/project/mlk-blvd/) - [Glen Ann](https://heritage-consulting.com/project/glen-ann/) - [Philadelphia Hotel Monaco](https://heritage-consulting.com/project/philadelphia-hotel-monaco/) - Constructed in 1907 by the estate of philanthropist and banker, Stephen Girard, the Lafayette Building was designed by noted architect, James Windrim and named for the Marquis de Lafayette. The rehabilitation transformed the vacant office building into a Kimpton Hotel Monaco. Located across from Independence Hall, the rooms overlook the adjacent mall and the rooftop - [The Godfrey Hotel Boston / Blake & Amory](https://heritage-consulting.com/project/the-godfrey-hotel/) - The 6-story Amory Building was constructed in 1904 by renowned architect Arthur Bowditch, with the attached 11-story Blake Building added in 1908. Although constructed four years apart, the building sections historically and currently function as one. In 2016, Oxford Capital Group, LLC and Union Investment Real Estate GmbH completed a $75mm rehabilitation of the Blake - [Lampwork Lofts](https://heritage-consulting.com/project/lampwork-lofts/) - Located in industrial West Oakland, this former manufacturing plant was built by the Austin Company in 1912 for General Electric’s Mazda Lamps to supply lightbulb to states west of the Rockies. Although the rehabilitation was interrupted by the recession, the project forged ahead when the market recovered. Today, Lampwork Lofts has 92 loft style market-rate - [Watermark Hotel / Louisiana National Bank](https://heritage-consulting.com/project/capitol-one-building/) - Completed in 1924, the twelve-story Louisiana National Bank Building was a pillar of savings and finance during the heyday of Baton Rouge. In 2016, the Wampold Company completed a $33mm rehabilitation of the former Louisiana National Bank Building, converting it into the luxury Watermark Hotel. Heritage worked with Wampold Development to secure both federal and - [Rock Ledge](https://heritage-consulting.com/project/rock-ledge/) - [USPS](https://heritage-consulting.com/project/usps-2/) - [Marlboro](https://heritage-consulting.com/project/marlboro/) - [Barfield Marriott](https://heritage-consulting.com/project/barfield-marriott/) - [Jennings Building](https://heritage-consulting.com/project/jennings-building/) - [Old and New Perry](https://heritage-consulting.com/project/old-and-new-perry/) - [Hotel Cherry](https://heritage-consulting.com/project/hotel-cherry/) - [Michigan School for the Blind](https://heritage-consulting.com/project/michigan-school-for-the-blind/) - [American Tobacco Company Campus](https://heritage-consulting.com/project/american-tobacco-company-campus/) - [Asheville Foundry Inn](https://heritage-consulting.com/project/asheville-foundry-inn/) - [Century Building](https://heritage-consulting.com/project/century-building/) - [Hamilton Canal Lofts](https://heritage-consulting.com/project/hamilton-canal-lofts/) - [USPS](https://heritage-consulting.com/project/usps/) - [Cumberland Towers](https://heritage-consulting.com/project/cumberland-towers/) - [Perry Point Village](https://heritage-consulting.com/project/perry-point-village/) - [Woolwine](https://heritage-consulting.com/project/woolwine/) - [Scattered Sites](https://heritage-consulting.com/project/scattered-sites/) - [663 Main](https://heritage-consulting.com/project/663-main/) - [45 Pine Grove](https://heritage-consulting.com/project/45-pine-grove/) - [330 E. Main](https://heritage-consulting.com/project/330-e-main/) - [Rolling Acres](https://heritage-consulting.com/project/rolling-acres/) - [23 Broadway](https://heritage-consulting.com/project/23-broadway/) - [Trenton Cotton Mill](https://heritage-consulting.com/project/trenton-cotton-mill/) - [345 Walnut](https://heritage-consulting.com/project/345-walnut/) - [Clark Courts](https://heritage-consulting.com/project/clark-courts/) - [640 Braddock](https://heritage-consulting.com/project/640-braddock/) - [11 W. Market](https://heritage-consulting.com/project/11-w-market/) - [Arthur May School](https://heritage-consulting.com/project/arthur-may-school/) - [The Equinox House](https://heritage-consulting.com/project/the-equinox-house/) - [Ray Sherman Place](https://heritage-consulting.com/project/ray-sherman-place/) - [FNC Tower](https://heritage-consulting.com/project/fnc-tower/) - [Rand Tower Hotel](https://heritage-consulting.com/project/rand-tower-hotel/) - [Elks Temple](https://heritage-consulting.com/project/elks-temple/) - [Melrose Church](https://heritage-consulting.com/project/melrose-church/) - [Fourth Avenue Theater](https://heritage-consulting.com/project/fourth-avenue-theater/) - [Lew Williams Dealership](https://heritage-consulting.com/project/lew-williams-dealership/) - [Fenway Hotel](https://heritage-consulting.com/project/fenway-hotel/) - [Radin-Kamp Department Store](https://heritage-consulting.com/project/radin-kamp-department-store/) - [GE](https://heritage-consulting.com/project/ge/) - [Amerock](https://heritage-consulting.com/project/amerock/) - [Security Trust and Savings Bank Building](https://heritage-consulting.com/project/security-trust-and-savings-bank-building/) - [Hotel Ft. Des Moines](https://heritage-consulting.com/project/hotel-ft-des-moines/) - [Waco Public Housing](https://heritage-consulting.com/project/waco-public-housing/) - [Broughton Street](https://heritage-consulting.com/project/broughton-street/) - [717 Central](https://heritage-consulting.com/project/717-central/) - [Killeen Public Housing](https://heritage-consulting.com/project/killeen-public-housing/) - [1101 Kansas](https://heritage-consulting.com/project/1101-kansas/) - [100-107 Gun Club](https://heritage-consulting.com/project/100-107-gun-club/) - [Taft Public Housing](https://heritage-consulting.com/project/taft-public-housing/) - [1111 Rusk](https://heritage-consulting.com/project/1111-rusk/) - [Seelbach Hotel](https://heritage-consulting.com/project/seelbach-hotel/) - [Stambaugh Building](https://heritage-consulting.com/project/stambaugh-building/) - [Former Bell Labs](https://heritage-consulting.com/project/former-bell-labs/) - [Biting Building](https://heritage-consulting.com/project/biting-building/) - [Parkview](https://heritage-consulting.com/project/parkview/) - [Jiah's House](https://heritage-consulting.com/project/jiahs-house/) - [U.S. Post Office](https://heritage-consulting.com/project/u-s-post-office/) - The downtown Eugene 1939 US Post Office was a product of FDR’s Public Works Administration and listed on the National Register of Historic Places. The USPS determined that the property was surplus. The agency hired Heritage to complete Section 106 documentation of the property and to manage its consultant with the Oregon State Historic Preservation - [Colt Armory](https://heritage-consulting.com/project/colt-armory/) - [Clifford Brown Walk](https://heritage-consulting.com/project/clifford-brown-walk/) - [Historic High School Campus](https://heritage-consulting.com/project/historic-high-school-campus/) - [Argonaut Hotel](https://heritage-consulting.com/project/argonaut-hotel/) - [1627 Penn](https://heritage-consulting.com/project/121-7th-street/) - [Park Tower (Heathman Hotel)](https://heritage-consulting.com/project/park-tower-heathman-hotel/) - [Euclid Building](https://heritage-consulting.com/project/euclid-building/) - [Macy’s](https://heritage-consulting.com/project/macys/) - [Cooley Mills](https://heritage-consulting.com/project/cooley-mills/) - [King Edward Hotel](https://heritage-consulting.com/project/lamar-life/) - [Soo Line](https://heritage-consulting.com/project/soo-line/) - [First National Bank](https://heritage-consulting.com/project/first-national-bank/) - [Point Breeze Hotel](https://heritage-consulting.com/project/point-breeze-hotel/) - [US Appraisers' Stores](https://heritage-consulting.com/project/1621-bank/) - [Exchange Place](https://heritage-consulting.com/project/exchange-place/) - [Novelty Iron Works](https://heritage-consulting.com/project/novelty-iron-works/) - [Broughton Street Buildings](https://heritage-consulting.com/project/broughton-street-buildings/) - [1420-30 E. 7th](https://heritage-consulting.com/project/the-aloft-orlando-downtown/) - [Palladian Hotel](https://heritage-consulting.com/project/alaska-building/) - [Sanger Building](https://heritage-consulting.com/project/sanger-building/) - [Merrill House](https://heritage-consulting.com/project/miller-rhodes/) - [Union Central Life Insurance Annex Building](https://heritage-consulting.com/project/union-central-life-insurance-annex-building/) - [Prince Charles](https://heritage-consulting.com/project/prince-charles/) - [Mayflower Building](https://heritage-consulting.com/project/mayflower-building/) - [Trico Factory](https://heritage-consulting.com/project/curtiss-building/) - [First Federal](https://heritage-consulting.com/project/first-federal/) - [Union Central Life Annex](https://heritage-consulting.com/project/union-central-life-annex/) - [Knox Hotel](https://heritage-consulting.com/project/knox-hotel/) - [Lane Hotel](https://heritage-consulting.com/project/lane-hotel-2/) - [Lindsey Lawn and Woolwine Apartments](https://heritage-consulting.com/project/lindsey-lawn-and-woolwine-apartments/) - [1 N. Depot Street](https://heritage-consulting.com/project/1-n-depot-street/) - [1300 E. 6th](https://heritage-consulting.com/project/1300-e-6th/) ## Service - [State Historic Tax Credits](https://heritage-consulting.com/service/compliance/) - [Window Services](https://heritage-consulting.com/service/window-services/) - [Investor Representation Due Diligence](https://heritage-consulting.com/service/historic-tax-credits/) - Heritage provides investors and lenders with Historic Tax Credit representation to ensure timely issuance of Part 3 certification. - [Historic Real Estate Due Diligence](https://heritage-consulting.com/service/historic-design-review/) - [Historic Design Review](https://heritage-consulting.com/service/historic-design-review-2/) - [Historic Designation](https://heritage-consulting.com/service/historic-designation-2/) - [Compliance](https://heritage-consulting.com/service/compliance-2/) - [Federal Historic Tax Credits](https://heritage-consulting.com/service/historic-designation/) ## Categories - [Uncategorized](https://heritage-consulting.com/category/uncategorized/) ## Project Type - [Commercial / Office / Retail](https://heritage-consulting.com/project-type/commercial/) - [Hotel](https://heritage-consulting.com/project-type/hotel/) - [Market Rate Multi-Family](https://heritage-consulting.com/project-type/multifamily/) - [Institution/Education](https://heritage-consulting.com/project-type/institution-education/) - [Affordable Multi-Family](https://heritage-consulting.com/project-type/low-income-housing/) ## Project State - [Arizona](https://heritage-consulting.com/project-state/arizona/) - [Arkansas](https://heritage-consulting.com/project-state/arkansas/) - [California](https://heritage-consulting.com/project-state/california/) - [Colorado](https://heritage-consulting.com/project-state/colorado/) - [Connecticut](https://heritage-consulting.com/project-state/connecticut/) - [Delaware](https://heritage-consulting.com/project-state/delaware/) - [Florida](https://heritage-consulting.com/project-state/florida/) - [Georgia](https://heritage-consulting.com/project-state/georgia/) - [Illinois](https://heritage-consulting.com/project-state/illinois/) - [Iowa](https://heritage-consulting.com/project-state/iowa/) - [Louisiana](https://heritage-consulting.com/project-state/louisiana/) - [Maine](https://heritage-consulting.com/project-state/maine/) - [Maryland](https://heritage-consulting.com/project-state/maryland/) - [Massachusetts](https://heritage-consulting.com/project-state/massachusetts/) - [Michigan](https://heritage-consulting.com/project-state/michigan/) - [Mississippi](https://heritage-consulting.com/project-state/mississippi/) - [New Jersey](https://heritage-consulting.com/project-state/new-jersey/) - [New York](https://heritage-consulting.com/project-state/new-york/) - [Tennessee](https://heritage-consulting.com/project-state/tennessee/) - [Pennsylvania](https://heritage-consulting.com/project-state/pennsylvania/) - [Texas](https://heritage-consulting.com/project-state/texas/) - [Ohio](https://heritage-consulting.com/project-state/ohio/) - [North Carolina](https://heritage-consulting.com/project-state/north-carolina/) - [Oregon](https://heritage-consulting.com/project-state/oregon/) - [Virginia](https://heritage-consulting.com/project-state/virginia/) - [Washington](https://heritage-consulting.com/project-state/washington/) - [Kansas](https://heritage-consulting.com/project-state/kansas/) - [D.C.](https://heritage-consulting.com/project-state/d-c/) - [Rhode Island](https://heritage-consulting.com/project-state/rhode-island/) - [Wisconsin](https://heritage-consulting.com/project-state/wisconsin/)